If the fixed cost is $30000, the contribution margin percentage is 40%, then the breakeven revenue will be ____________?
A. $120,000 B. $75,000 C. $12,000 D. $175,000
Accounting MCQs with Answers
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
If the total revenue is $9000, the total variable cost is $2000, then the contribution margin will be ___________?
A. $11,000 B. −$7000 C. $4,500 D. $7,000
If the revenue is $15000, the total variable cost is $5000 and the fixed cost $2000 then the operating income will be ____________?
A. $4,000 B. $8,000 C. $5,000 D. $3,000
If the contribution margin is $13000, the total variable cost is $7000 then the total revenue will be _____________?
A. $6,000 B. −$6000 C. $20,000 D. −$20000
If the contribution margin percentage is 30%, the selling price is $5000, then the contribution margin per unit will be ____________?
A. $900 B. $1,200 C. $1,500 D. $1,600
When the fixed cost is divided into contribution margin per unit, it gives _________?
A. fixed output B. variable output C. breakeven number of units D. total number of units
The factor, which is largely considered in making or buying decisions is __________?
A. quality of suppliers B. dependability of suppliers C. production irrelevancy D. both a and b
As compared to irrelevant cost, the occurrence of relevant costs must ___________?
A. have high correlation B. be in future C. be in past D. be zero correlated