Q.1
If gross margin is $6000 and total revenue is $26000, then gross margin percentage will be
Q.2
If fixed cost is $20000, target operating income is $10000 and contribution margin per unit is $1200 then required units to be sold will be
Q.3
executive salaries, rent and other general administration cost in corporate costs are classified under
Q.4
Difference between actual result and corresponding amount of flexible budget, on basis of actual level of output is classified as
Q.5
If margin of safety is $25000 and budgeted revenue is $45000, then margin of safety in percentage will be
Q.6
Fixed cost is $25000 and breakeven revenue is $95000, then contribution margin will be
Q.7
If breakeven revenue is $360000 and revenue per bundle is $12000, then number of bundles to be sold to breakeven can be
Q.8
Kind of cost which on elimination, would not reduce perceived usefulness that customers can obtain by using market offering is known as
Q.9
If contribution margin is $72000 and operating income is $12000, then degree of operating leverage would be
Q.10
Gross margin is divided by revenues to calculate the
Q.11
If breakeven revenue is $220000 and revenue per bundle is $10000, then number of bundles to be sold to breakeven will be
Q.12
Gross margin is $7000 and revenues are $16000, then cost of goods sold would be
Q.13
If contribution margin is $3000 and revenues are $9000, then all variable costs will be
Q.14
Fixed cost, and contribution margin percentage for bundle are divided to calculate
Q.15
Revenue is $11000 and all variable cost is $6000, then contribution margin would be
Q.16
If target net income is $36000 and tax rate is 40%, then target operating income will be
Q.17
Set of all occurrences that may happen in near future or in any other fixed time are called
Q.18
Gross margin is added into cost of sold goods is to calculate the
Q.19
If sales quantity is 7000 units and breakeven quantity is 1500 units, then margin of safety would be
Q.20
If target net income is $9600 and tax rate is 40%, then target operating income would be
Q.21
If budgeted revenue is $50000 and breakeven revenue is $35000, then margin of safety would be
Q.22
In monetary terms, an expected value of outcome is classified as
Q.23
All choices for decision that are easily available to managers are classified as
Q.24
If contribution margin of bundle is $4000 and revenue of bundle is $16000, then contribution margin percentage for bundle will be
Q.25
Quantity or number of units of different products that together make up total sales of company is called
Q.26
If gross margin is $9000 and cost of goods sold is $8000 then revenue will be
Q.27
Economic results that are predicted for possible combinations of events are classified as
Q.28
Amount of money by which total revenues exceed breakeven revenues is classified as
Q.29
In accounting, possibility of deviation of actual amount from an expected amount is classified as
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