Accounting Medium The amount of money by which the total revenues exceed the breakeven revenues is classified as _________? A margin of safety ✓ B margin of profit ✓ C margin of loss ✓ D margin of income ✓ AK Ali Khan 4 months ago
Accounting Medium The gross margin is added into cost of sold goods to calculate the __________? A revenues ✓ B operating leverage ✓ C contribution margin ✓ D operating margin ✓ AK Ali Khan 4 months ago
Accounting Medium The gross margin is divided by revenues to calculate the __________? A income margin percentage ✓ B Gross margin percentage ✓ C cost margin percentage ✓ D sales margin percentage ✓ AK Ali Khan 4 months ago
Accounting Medium If the fixed cost is $15000 and the breakeven revenue is $45000 then the contribution margin will be ___________? A 33.34% ✓ B 43.34% ✓ C 23% ✓ D 25% ✓ AK Ali Khan 4 months ago
Accounting Medium The fixed cost is $25000 and the breakeven revenue is $95000, then the contribution margin will be _________? A $32 ✓ B $30 ✓ C $25 ✓ D $26.31 ✓ AK Ali Khan 4 months ago
Accounting Medium If the fixed cost is $10000, the target operating income is $8000 and the contribution margin per unit is $900, then required units to be sold will be ____________? A 45 units ✓ B 30 units ✓ C 20 units ✓ D 52 units ✓ AK Ali Khan 4 months ago
Accounting Medium If the cost of goods sold is $8000, the gross margin is $5000 then the revenue will be ___________? A $13,000 ✓ B −$13000 ✓ C $3,000 ✓ D −$3000 ✓ AK Ali Khan 4 months ago
Accounting Medium Competitiveness can be best measured by ___________? A Gross margin ✓ B income margin ✓ C sales margin ✓ D cost margin ✓ AK Ali Khan 4 months ago
Accounting Medium The type of distribution, which describes whether events to be occurred are mutually exclusive or collectively exhaustive can be classified as ____________? A mutual distribution ✓ B probability distribution ✓ C collective distribution ✓ D marginal distribution ✓ AK Ali Khan 4 months ago
Accounting Medium The fixed cost is divided by break-even revenues to calculate _____________? A cost margin ✓ B fixed margin ✓ C revenue margin ✓ D contribution margin ✓ AK Ali Khan 4 months ago