If the per unit budgeted per unit cost is $165 and budgeted production units are 400 then fixed budgeted manufacturing costs will be ___________?
A. $36,000 B. $66,000 C. $56,000 D. $46,000
Accounting MCQs with Answers
If the revenues are $85000 and throughput contribution is $63700, then direct material cost of goods sold will be ___________?
A. $21,300 B. $148,700 C. $138,700 D. $118,700
The standard quantity of input used for achieved output, which is multiplied to standard prices, to calculate variable direct manufacturing cost in __________?
A. output costing B. standard costing C. achieved costing D. input costing
If the target operating income is $84000 and contribution margin per unit is $600, then number of units must be sold to earn targeted operating income, will be __________?
A. 100 units B. 110 units C. 120 units D. 140 units
The normal costing and standard costing methods are used in decisions such as ___________?
A. investment decisions B. pricing decisions C. product mix decisions D. Both B and C
If the production is greater than sales, then operating income under absorption costing is _________?
A. higher income B. zero dividends C. negative income value D. lower income
If the budgeted fixed manufacturing cost is $150000 and the per unit cost is $120, then budgeted production units will be ________?
A. $1,250 B. $1,350 C. $1,450 D. $1,550
The selling price minus variable manufacturing cost per unit, minus variable marketing cost per unit is equal to _____________?
A. fixed margin per unit B. variable margin per unit C. contribution margin per batch D. contribution margin per unit
If the contribution margin per unit is $12300 and the change in sold quantity of units is 50, then change in variable costing operating income will be __________?
A. $315,000 B. $415,000 C. $615,000 D. $515,000