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!

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Cost Management and Pricing Decisions MCQs | Page 6 of 15

Q51.
If the break-even number of units are 200 units and the fixed cost is $80000, then the contribution margin per unit will be
Discuss
Answer: (a).$400
Q52.
The difference between variable cost per unit and the selling price can be classified as
Discuss
Answer: (a).contribution margin per unit
Q53.
If the contribution margin per unit is $40 per unit and selling price is $200, then the contribution margin percentage would be
Discuss
Answer: (a).20%
Q54.
If the contribution margin per unit is $800 and the selling price is $20000, then the contribution margin percentage will be
Discuss
Answer: (c).4%
Q55.
If the contribution margin is $15000 and the units sold are 500 units, then the contribution margin per unit would be
Discuss
Answer: (b).$30 per unit
Q56.
The contribution margin per unit is divided by the selling price of the product to calculate
Discuss
Answer: (d).contribution margin percentage
Q57.
The variable cost is subtracted from fixed costs to calculate
Discuss
Answer: (c).operating income
Q58.
The fixed cost is divided to contribution margin to calculate
Discuss
Answer: (a).breakeven revenue
Q59.
At the break-even point, an operating income must be equal to
Discuss
Answer: (d).zero
Q60.
The contribution margin per unit is divided by contribution margin percentage to calculate
Discuss
Answer: (d).selling price
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