Learn contribution margin calculations MCQs, cost accounting test for online learning courses, test prep to practice test. Financial ratios analysis quiz has multiple choice questions (MCQ), contribution margin calculations quiz questions and answers, break even point, contribution margin versus gross margin, contribution margin calculations tutorials for online accounting transactions courses distance learning.

Cost accounting practice test MCQ: if gross margin is \$2000 and revenue is \$5000, then cost of goods sold would be with options −\$8000, \$3,000 , −\$3000 and \$8,000 for distance education for online masters degree and bachelor's degree distance learning exams. Free study guide is for online learning contribution margin calculations quiz with MCQs to practice test questions with answers to prepare entrance exam for admission in distance MBA courses. 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