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Accounting MCQs with Answers

If the per unit budgeted per unit cost is $165 and budgeted production units are 400 then fixed budgeted manufacturing costs will be ___________?

April 20, 2025 by admin
A. $36,000
B. $66,000
C. $56,000
D. $46,000
Categories Accounting MCQs with Answers Leave a comment

If the revenues are $85000 and throughput contribution is $63700, then direct material cost of goods sold will be ___________?

April 20, 2025 by admin
A. $21,300
B. $148,700
C. $138,700
D. $118,700
Categories Accounting MCQs with Answers Leave a comment

If the fixed budgeted manufacturing cost is $35000 and the budgeted production units are 7000, then budgeted fixed manufacturing cost per unit will be ___________?

April 20, 2025 by admin
A. $20
B. $5
C. $10
D. $15
Categories Accounting MCQs with Answers Leave a comment

The standard quantity of input used for achieved output, which is multiplied to standard prices, to calculate variable direct manufacturing cost in __________?

April 20, 2025 by admin
A. output costing
B. standard costing
C. achieved costing
D. input costing
Categories Accounting MCQs with Answers Leave a comment

If the target operating income is $84000 and contribution margin per unit is $600, then number of units must be sold to earn targeted operating income, will be __________?

April 20, 2025 by admin
A. 100 units
B. 110 units
C. 120 units
D. 140 units
Categories Accounting MCQs with Answers Leave a comment

The normal costing and standard costing methods are used in decisions such as ___________?

April 20, 2025 by admin
A. investment decisions
B. pricing decisions
C. product mix decisions
D. Both B and C
Categories Accounting MCQs with Answers Leave a comment

If the production is greater than sales, then operating income under absorption costing is _________?

April 20, 2025 by admin
A. higher income
B. zero dividends
C. negative income value
D. lower income
Categories Accounting MCQs with Answers Leave a comment

If the budgeted fixed manufacturing cost is $150000 and the per unit cost is $120, then budgeted production units will be ________?

April 20, 2025 by admin
A. $1,250
B. $1,350
C. $1,450
D. $1,550
Categories Accounting MCQs with Answers Leave a comment

The selling price minus variable manufacturing cost per unit, minus variable marketing cost per unit is equal to _____________?

April 20, 2025 by admin
A. fixed margin per unit
B. variable margin per unit
C. contribution margin per batch
D. contribution margin per unit
Categories Accounting MCQs with Answers Leave a comment

If the contribution margin per unit is $12300 and the change in sold quantity of units is 50, then change in variable costing operating income will be __________?

April 20, 2025 by admin
A. $315,000
B. $415,000
C. $615,000
D. $515,000
Categories Accounting MCQs with Answers Leave a comment
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