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MBA Cost Accounting Practice Test 17

# Contribution Margin versus Gross Margin Quiz Questions PDF - 17

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The Book Contribution Margin versus Gross Margin Quiz Questions, contribution margin versus gross margin quiz answers PDF download chapter 17-17 to study online accounting degree programs. Practice Financial Ratios Analysis MCQ with answers PDF, contribution margin versus gross margin Multiple Choice Questions (MCQ Quiz) for online college degrees. The e-Book Contribution Margin versus Gross Margin Quiz App Download: contribution margin versus gross margin, spoilage, rework and scrap terminology, cvp analysis test prep for accredited online schools for business management.

The Quiz: Competitiveness can be best measured by PDF, "Contribution Margin versus Gross Margin" App Download (Free) with income margin, gross margin, sales margin, and cost margin choices for online business administration and management degree. Solve financial ratios analysis questions and answers, Amazon eBook to download free sample for bachelor's degree in business.

## Accounting Quiz: Contribution Margin versus Gross Margin MCQs - 17

MCQ: Competitiveness can be best measured by

A) Gross margin
B) income margin
C) sales margin
D) cost margin

MCQ: The partial or completed units of manufactured goods, that do not meet customer specifications and get sold at reduced price or simply discarded, are called

A) spoilage
B) rework
C) scrap
D) equivalence

MCQ: The gross margin is added to the cost of sold goods to calculate

A) revenues
B) selling price
C) unit price
D) bundle price

MCQ: If the contribution margin is \$12000, the total variable cost is \$7000, then the total revenue will be

A) \$5,000
B) −\$5000
C) \$19,000
D) −\$19000

MCQ: In process and job costing system, the normal spoilage cost is considered as

A) conversion costs
B) sunk costs
C) inventoriable costs
D) non inventoriable costs

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