Cost Management and Pricing Decisions MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Cost Management and Pricing Decisions, a fundamental topic in the field of Cost Accounting. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Cost Management and Pricing Decisions MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Cost Management and Pricing Decisions mcq questions that explore various aspects of Cost Management and Pricing Decisions problems. Each MCQ is crafted to challenge your understanding of Cost Management and Pricing Decisions principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Cost Accounting tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Cost Management and Pricing Decisions MCQs are your pathway to success in mastering this essential Cost Accounting topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Cost Management and Pricing Decisions. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Cost Management and Pricing Decisions knowledge to the test? Let's get started with our carefully curated MCQs!

Cost Management and Pricing Decisions MCQs | Page 4 of 15

Q31.
If the contribution margin percentage is 30%, the selling price is $5000, then the contribution margin per unit will be
Discuss
Answer: (c).$1,500
Q32.
If the contribution margin is $13000, the total variable cost is $7000 then the total revenue will be
Discuss
Answer: (a).$6,000
Q33.
If the selling price is $5000, the contribution margin per unit is $1000, then the contribution margin percentage will be
Discuss
Answer: (b).20%
Q34.
If the revenue is $15000, the total variable cost is $5000 and the fixed cost $2000 then the operating income will be
Discuss
Answer: (b).$8,000
Q35.
If the total revenue is $9000, the total variable cost is $2000, then the contribution margin will be
Discuss
Answer: (d).$7,000
Q36.
If the contribution margin is $12000, the total variable cost is $7000, then the total revenue will be
Discuss
Answer: (a).$5,000
Q37.
If the fixed cost is $30000, the contribution margin percentage is 40%, then the breakeven revenue will be
Discuss
Answer: (b).$75,000
Q38.
The variable cost per unit is multiplied to the quantity of sold units to calculate
Discuss
Answer: (b).variable cost
Q39.
The contribution margin per unit is multiplied to number of units sold to calculate
Discuss
Answer: (c).contribution margin
Q40.
If the variable cost is $50000 and the fixed cost is $30000, then the operating income would be
Discuss
Answer: (d).$20,000
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