Accounting: Operating Income MCQs Test Online pdf Download

Practice MCQs on accounting: operating income with accounting tests for online test prep and learning. Free study guide has multiple choice questions (MCQ) with accounting: operating income quiz as fixed cost is added to target operating income and then divided to contribute margin per unit for calculating, answering options quantity of units required to sold, selling of units, sold units and contributed units for exam prep. Study to learn accounting: operating income quiz online with MCQs to practice test questions with answers.

MCQs on Accounting: Operating Income

MCQ. Fixed cost is added to target operating income and then divided to contribute margin per unit for calculating

  1. quantity of units required to sold.
  2. selling of units.
  3. sold units.
  4. contributed units.

A

MCQ. Contribution margin is $34000 and operating income is $12000 then degree of operating leverage will be

  1. 4.84.
  2. 2.84.
  3. 3.84.
  4. 5.84.

B

MCQ. An effect of fixed cost to change in operating income is classified as

  1. uncertain margin.
  2. certain margin.
  3. operating margin.
  4. operating leverage.

D

MCQ. Contribution margin is $72000 and operating income is $12000 then degree of operating leverage would be

  1. 8.
  2. 7.
  3. 6.
  4. 5.

C

MCQ. Contribution margin per unit is divided by selling price to calculate

  1. fixed margin percentage.
  2. contribution margin percentage.
  3. variable margin percentage.
  4. breakeven margin percentage.

B

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