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MBA Cost Accounting Practice Test 17

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The Contribution Margin versus Gross Margin Quiz Questions and Answers PDF (Contribution Margin versus Gross Margin Quiz with Answers PDF e-Book) download Ch. 17-17 to prepare MBA Cost Accounting Practice Tests. Solve Financial Ratios Analysis MCQ with answers PDF, Contribution Margin versus Gross Margin Multiple Choice Questions (MCQ Quiz) for online degrees. The Contribution Margin versus Gross Margin Quiz App Download: Free learning app for contribution margin versus gross margin, spoilage, rework and scrap terminology, cvp analysis test prep for accredited online schools for business management.

The Quiz MCQ: Competitiveness can be best measured by; "Contribution Margin versus Gross Margin" App Download (Free) with answers: Income margin; Gross margin; Sales margin; Cost margin; for online degrees. Learn Financial Ratios Analysis Questions and Answers, Apple eBook to download free sample to study accounting degree courses.

## Contribution Margin versus Gross Margin Questions and Answers : MCQ 17

MCQ 81:

Competitiveness can be best measured by

1. Gross margin
2. income margin
3. sales margin
4. cost margin
MCQ 82:

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

1. spoilage
2. rework
3. scrap
4. equivalence
MCQ 83:

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

1. revenues
2. selling price
3. unit price
4. bundle price
MCQ 84:

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

1. \$5,000
2. −\$5000
3. \$19,000
4. −\$19000
MCQ 85:

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

1. conversion costs
2. sunk costs
3. inventoriable costs
4. non inventoriable costs

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