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Constant Gross Margin Percentage NRV Method Quiz Questions and Answers 110 PDF Book Download

Constant gross margin percentage nrv method quiz, constant gross margin percentage nrv method MCQs answers, MBA accounting quiz 110 to learn accounting courses online. Cost allocation joint products and byproducts quiz questions and answers, constant gross margin percentage nrv method multiple choice questions (MCQs) to practice accounting quiz with answers for online colleges and universities courses. Learn constant gross margin percentage nrv method MCQs, pricing strategies, manufacturing, merchandising and service sector companies, flexible budget: cost accounting, constant gross margin percentage nrv method test prep for accounting certifications.

Learn constant gross margin percentage nrv method test with multiple choice question (MCQs): gross margin is subtracted from sales value of all production to yield, with choices labor cost incurred on product, production cost incurred on product, marketing cost incurred on product, and all of above for online associates degree business. Learn cost allocation joint products and byproducts questions and answers for scholarships exams' problem-solving, assessment test for accounting certifications. Constant Gross Margin Percentage NRV Method Video

Quiz on Constant Gross Margin Percentage NRV Method Worksheet 110Quiz Book Download

Constant Gross Margin Percentage NRV Method Quiz

MCQ: Gross margin is subtracted from sales value of all production to yield

  1. labor cost incurred on product
  2. production cost incurred on product
  3. marketing cost incurred on product
  4. all of above

B

Flexible Budget: Cost Accounting Quiz

MCQ: Difference between flexible budget amount and corresponding actual result is called

  1. corresponding variance
  2. resultant variance
  3. flexible budget variance
  4. static budget variance

C

Manufacturing, Merchandising & Service Sector Companies Quiz

MCQ: Companies that buy raw materials and convert them into finished goods for customers are a part of

  1. manufacturing sector companies
  2. merchandising sector companies
  3. service sector companies
  4. raw material companies

A

Pricing Strategies Quiz

MCQ: Companies that perform in competitive markets using pricing approach are known as

  1. independent revenue approach
  2. market based approach
  3. dependent revenue approach
  4. cost based approach

B

Gross Margin Calculations Quiz

MCQ: If fixed cost is $20000, target operating income is $10000 and contribution margin per unit is $1200 then required units to be sold will be

  1. 55 units
  2. 45 units
  3. 35 units
  4. 25 units

D