The cost which is excluded from inventoriable costs in variable costing method is called _________? April 20, 2025 by admin A. variable factory overheads B. fixed manufacturing cost C. variable manufacturing costs D. fixed factory overheads
If the per unit budget per unit cost is $200 and budgeted production units are 350, then fixed budgeted manufacturing costs will be __________? April 20, 2025 by admin A. $40,000 B. $60,000 C. $70,000 D. $50,000
If the contribution margin per unit is $7500, selling price is $1300 and variable manufacturing cost per unit is $1700, then per unit cost of marketing would be _________? April 20, 2025 by admin A. $4,500 B. $5,500 C. $6,500 D. $7,500
If the selling price is $2500, variable manufacturing cost per unit is $1000 and variable marketing cost per unit is $500, then contribution margin per unit will be ___________? April 20, 2025 by admin A. $4,000 B. $2,500 C. $1,000 D. $15,000
In manufacturing companies, the variable and absorption costing are methods, which are used in __________? April 20, 2025 by admin A. recording of liabilities B. costing of current assets C. costing of machinery D. costing of inventories
If the production is greater than sales, then operating income under variable costing is _________? April 20, 2025 by admin A. negative income value B. lower income C. higher income D. zero dividends
Under absorption costing, the fixed cost of manufacturing is deferred to some ___________? April 20, 2025 by admin A. present period B. future period C. yearly period D. monthly period
In variable costing, the change in operating income is driven only by changes in _________? April 20, 2025 by admin A. quantity of units sold B. quantity of units manufactured C. increase in units sold D. decrease in units sold
If the beginning inventory is $40000, the total revenues are $225000 and the ending inventory is $30000, then total production would be _________? April 20, 2025 by admin A. $95,000 B. $235,000 C. $295,000 D. $195,000
In absorption costing, an effect on cost volume profit relationship is driven by __________? April 20, 2025 by admin A. unit level of production B. unit level of sales C. chosen denominator level D. all of above
