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

Learn constant gross margin percentage nrv method quiz questions, online MBA cost accounting test 110 for distance learning MBA programs, online accounting courses. Colleges and universities courses' MCQs on cost allocation: joint products & byproducts quiz, constant gross margin percentage nrv method multiple choice questions and answers to learn accounting quiz with answers. Practice constant gross margin percentage nrv method MCQs, GMAT test assessment on gross margin calculations, pricing strategies, manufacturing, merchandising and service sector companies, flexible budget: cost accounting, constant gross margin percentage nrv method practice test for online associates degree in accounting courses distance learning.

Study constant gross margin percentage nrv method online courses with multiple choice question (MCQs): gross margin is subtracted from sales value of all production to yield, for BBA degree and executive MBA degree in accounting questions with choices labor cost incurred on product, production cost incurred on product, marketing cost incurred on product for scholars' admission preparation in undergraduate degree programs and masters degree programs. Learn cost allocation: joint products & byproducts quizzes with problem-solving skills assessment test for competitive exam prep for higher education. Constant Gross Margin Percentage NRV Method Video

Quiz on Constant Gross Margin Percentage NRV Method Worksheet 110Quiz PDF 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