The variable cost is subtracted from fixed costs to calculate ____________?
A. unit income B. fixed income C. operating income D. marginal income
Accounting MCQs with Answers
If the contribution margin is $15000 and the units sold are 500 units, then the contribution margin per unit would be ___________?
A. $20 per unit B. $30 per unit C. $50 per unit D. $40 per unit
If the break-even number of units are 200 units and the fixed cost is $80000, then the contribution margin per unit will be __________?
A. $400 B. $600 C. $800 D. $1,000
The total revenues is subtracted from total variable costs to calculate ___________?
A. revenue margin B. variable margin C. contribution margin D. divisor margin
If the selling price is $20 and the number of units sold are 800, then the revenue is equal to ___________?
A. $16,000 B. $40,000 C. $25,000 D. $35,700
The contribution per unit is $1200 and the number of units sold is $80, then the contribution margin would be ____________?
A. $9,650 B. $96,000 C. $15 D. $9,600
If the variable cost is $50000 and the fixed cost is $30000, then the operating income would be _____________?
A. $80,000 B. $160,000 C. $16,000 D. $20,000
The contribution margin per unit is multiplied to number of units sold to calculate _____________?
A. revenue margin B. variable margin C. contribution margin D. divisor margin
The variable cost per unit is multiplied to the quantity of sold units to calculate ____________?
A. per unit cost B. variable cost C. fixed cost D. multiple cost