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Accounting MCQs with Answers

If the change in variable costing in operating income is $9000 and contribution margin per unit is $6000, then change in sold units would be __________?

April 20, 2025 by admin
A. $2.5 per unit
B. $1.5 per unit
C. $3.5 per unit
D. $5.5 per unit
Categories Accounting MCQs with Answers Leave a comment

If the budgeted fixed cost is $48000 and per unit budgeted denominator level is 1200 units, then budgeted fixed cost would be __________?

April 20, 2025 by admin
A. $50
B. $45
C. $55
D. $40
Categories Accounting MCQs with Answers Leave a comment

The difference between master budget capacity and practical capacity is considered as ________?

April 20, 2025 by admin
A. normal used capacity
B. unplanned and unused capacity
C. planned unused capacity
D. unplanned used capacity
Categories Accounting MCQs with Answers Leave a comment

In accounting terms, the term capacity refers to ____________?

April 20, 2025 by admin
A. upper limit
B. lower limit
C. zero limit
D. minimal cost
Categories Accounting MCQs with Answers Leave a comment

If the direct material cost of sold goods is $4500 and revenues are $9000, then the contribution margin would be _________?

April 20, 2025 by admin
A. −$13500
B. $4,500
C. −$4500
D. $13,500
Categories Accounting MCQs with Answers Leave a comment

The throughput contribution is added into direct material cost of goods sold to calculate _________?

April 20, 2025 by admin
A. indirect material
B. revenues
C. expenses
D. direct material
Categories Accounting MCQs with Answers Leave a comment

If the contribution margin per unit is $16700 and the change in sold quantity of units is 20, then change in variable costing operating income will be _________?

April 20, 2025 by admin
A. 635 units
B. 735 units
C. 835 units
D. 334 units
Categories Accounting MCQs with Answers Leave a comment

The numerator of fixed manufacturing rate can be reduced by using __________?

April 20, 2025 by admin
A. write ups
B. write downs
C. upward write up
D. downward write down
Categories Accounting MCQs with Answers Leave a comment

Under absorption costing, the magnitude for favorable volume production variance is affected by the choice of _________?

April 20, 2025 by admin
A. unplanned level
B. budgeting level
C. numerator level
D. denominator level
Categories Accounting MCQs with Answers Leave a comment

If the budgeted fixed cost is $26000, per unit budgeted denominator level is 1300 units, then budgeted fixed cost will be ___________?

April 20, 2025 by admin
A. $50
B. $30
C. $20
D. $40
Categories Accounting MCQs with Answers Leave a comment
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