If the change in variable costing in operating income is $9000 and contribution margin per unit is $6000, then change in sold units would be __________?
A. $2.5 per unit B. $1.5 per unit C. $3.5 per unit D. $5.5 per unit
Accounting MCQs with Answers
The difference between master budget capacity and practical capacity is considered as ________?
A. normal used capacity B. unplanned and unused capacity C. planned unused capacity D. unplanned used capacity
In accounting terms, the term capacity refers to ____________?
A. upper limit B. lower limit C. zero limit D. minimal cost
If the direct material cost of sold goods is $4500 and revenues are $9000, then the contribution margin would be _________?
A. −$13500 B. $4,500 C. −$4500 D. $13,500
The throughput contribution is added into direct material cost of goods sold to calculate _________?
A. indirect material B. revenues C. expenses D. direct material
If the contribution margin per unit is $16700 and the change in sold quantity of units is 20, then change in variable costing operating income will be _________?
A. 635 units B. 735 units C. 835 units D. 334 units
The numerator of fixed manufacturing rate can be reduced by using __________?
A. write ups B. write downs C. upward write up D. downward write down
Under absorption costing, the magnitude for favorable volume production variance is affected by the choice of _________?
A. unplanned level B. budgeting level C. numerator level D. denominator level