Effects of Sales Mix on Income Quiz PDF: Questions and Answers - 187

MCQ 931: If the contribution margin of bundle is $45000 and the revenue of the bundle is $15000, then the contribution margin percentage for bundle will be

1. 6%
2. 3%
3. 9%
4. 12%

MCQ 932: The 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

MCQ 933: In plotting of cost functions, the level of activities according to which the charged cost is represented on

1. x-axis
2. y-axis
3. unit axis
4. term axis

MCQ 934: In manufacturing companies, the variable and absorption costing are methods, which are used in

1. recording of liabilities
2. costing of current assets
3. costing of machinery
4. costing of inventories

MCQ 935: The budget which specifies an operating and financial plan, usually for a fiscal year or any specific period of time is classified as

1. annual budget
2. operating budget
3. specific budget
4. master budget