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"Competitiveness can be best measured by", contribution margin versus gross margin Multiple Choice Questions (MCQ) with choices income margin, gross margin, sales margin, and cost margin for accounting certifications online. Learn financial ratios analysis questions and answers to improve problem solving skills for bachelor's degree in business. Contribution Margin versus Gross Margin Video
Contribution Margin versus Gross Margin Questions and Answers PDF Download eBook
MCQ: Competitiveness can be best measured by
- Gross margin
- income margin
- sales margin
- cost margin
A
MCQ: The partial or completed units of manufactured goods, that do not meet customer specifications and get sold at reduced price or simply discarded, are called
- spoilage
- rework
- scrap
- equivalence
A
MCQ: The gross margin is added to the cost of sold goods to calculate
- revenues
- selling price
- unit price
- bundle price
A
MCQ: If the contribution margin is $12000, the total variable cost is $7000, then the total revenue will be
- $5,000
- −$5000
- $19,000
- −$19000
A
MCQ: In process and job costing system, the normal spoilage cost is considered as
- conversion costs
- sunk costs
- inventoriable costs
- non inventoriable costs
C