Accounting MCQs — Test 37
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Question 1
If the contribution margin per unit is $1000 and the contribution margin percentage is 25%, then the selling price would be ____________?
Question 2
If the contribution per unit is $900 and the number of units sold is $70, then the contribution margin will be _____________?
Question 3
If the total revenue is $10000 and the total variable cost is $4000, then the contribution margin would be ___________?
Question 4
In the process of examining, occurred changes in total revenues, operating income and costs is known as _____________?
Question 5
The contribution margin per unit is $500 per unit and the breakeven per unit is $35, then the fixed cost would be ___________?
Question 6
In cost-plus pricing, the ‘plus’ refers to a component named as ___________?
Question 7
The product costing technique in which markup component is added into cost base, to set a target price is known as __________?
Question 8
The process which leads to disassembling and analysis of competitors, operating activities to become acquainted with competitors’ technologies is called ___________?
Question 9
The practice of seller to charge higher price for same market offering is classified as __________?
Question 10
The systematic evaluation of value chain, to reduce costs and high quality, to achieve satisfied customers is known as __________?