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 5 of 15

Discover more Topics under Cost Accounting

Q41.
The contribution margin per unit is $500 per unit and the breakeven per unit is $35, then the fixed cost would be

a.

$13,500

b.

$14,280

c.

$18,500

d.

$17,500

Discuss
Answer: (d).$17,500
Q42.
The contribution per unit is $1200 and the number of units sold is $80, then the contribution margin would be

a.

$9,650

b.

$96,000

c.

$15

d.

$9,600

Discuss
Answer: (b).$96,000
Q43.
In the process of examining, occurred changes in total revenues, operating income and costs is known as

a.

revenue analysis

b.

costs analysis

c.

operating income analysis

d.

cost volume profit analysis

Discuss
Answer: (d).cost volume profit analysis
Q44.
If the contribution per unit is $900 and the number of units sold is $70, then the contribution margin will be

a.

$97,000

b.

$83,000

c.

$63,000

d.

$12,860

Discuss
Answer: (c).$63,000
Q45.
If the selling price is $20 and the number of units sold are 800, then the revenue is equal to

a.

$16,000

b.

$40,000

c.

$25,000

d.

$35,700

Discuss
Answer: (a).$16,000
Q46.
If the total revenue is $10000 and the total variable cost is $4000, then the contribution margin would be

a.

$25,000

b.

$14,000

c.

$6,000

d.

$8,400

Discuss
Answer: (b).$14,000
Q47.
The total revenues is subtracted from total variable costs to calculate

a.

revenue margin

b.

variable margin

c.

contribution margin

d.

divisor margin

Discuss
Answer: (c).contribution margin
Q48.
If the contribution margin per unit is $1000 and the contribution margin percentage is 25%, then the selling price would be

a.

$2,500

b.

$4,000

c.

$3,800

d.

$3,800

Discuss
Answer: (b).$4,000
Q49.
If break-even number of units are 120 units and the fixed cost is $62000, then the contribution margin per unit will be

a.

$74,400

b.

$7,440,000

c.

$516.67

d.

$51,667

Discuss
Answer: (c).$516.67
Q50.
If the variable cost per unit is $25 and the quantity of units sold is 5000, then the total variable cost would be

a.

$155,000

b.

$125,000

c.

$135,000

d.

$145,000

Discuss
Answer: (b).$125,000
Page 5 of 15