Contribution margin calculations multiple choice questions (MCQs), contribution margin calculations quiz answers to learn online accounting degree courses. Financial ratios analysis MCQs with answers, contribution margin calculations quiz questions and answers for business management degree online. Learn contribution margin versus gross margin, effects of sales mix on income, contribution margin calculations test prep for CPA certification.

Learn financial ratios analysis test MCQs: if gross margin is \$2000 and revenue is \$5000, then cost of goods sold would be, with choices −\$8000, \$3,000, −\$3000, and \$8,000 for business management degree online. Practice merit scholarships assessment test, online learning contribution margin calculations quiz questions for competitive assessment in business majors . Contribution Margin Calculations Video

MCQ: If gross margin is \$2000 and revenue is \$5000, then cost of goods sold would be

1. −\$8000
2. \$3,000
3. −\$3000
4. \$8,000

B

MCQ: Revenue is \$11000 and all variable cost is \$6000, then contribution margin would be

1. −\$17000
2. \$17,000
3. \$5,000
4. −\$5000

C

MCQ: If contribution margin is \$3000 and revenues are \$9000, then all variable costs will be

1. \$12,000
2. \$6,000
3. −\$6000
4. −\$12000

B

MCQ: Formula to calculate contribution margin is

1. revenue - all variable cost
2. revenue + all variable cost
3. cost + revenue
4. revenue - breakeven units

A

MCQ: If contribution margin is \$25000 and revenues are \$60000, then all variable costs will be

1. −\$85000
2. −\$35000
3. \$85,000
4. \$35,000

D