Accounting Medium The fixed cost is added to target operating income and then divided to contribute margin per unit to calculate _________? A quantity of units required to sold ✓ B selling of units ✓ C sold units ✓ D contributed units ✓ AK Ali Khan 4 months ago
Accounting Medium The gross margin is added to the cost of sold goods to calculate: ____________? A revenues ✓ B selling price ✓ C unit price ✓ D bundle price ✓ AK Ali Khan 4 months ago
Accounting Medium If the gross margin is $2000 and the revenue is $5000, then the cost of goods sold would be _________? A −$8000 ✓ B $3,000 ✓ C −$3000 ✓ D $8,000 ✓ AK Ali Khan 4 months ago
Accounting Medium The contribution margin is $34000 and the operating income is $12000, then the degree of operating leverage will be __________? A 4.84 ✓ B 2.84 ✓ C 3.84 ✓ D 5.84 ✓ AK Ali Khan 4 months ago
Accounting Medium The type of distribution, which consists of alternative outcomes and probabilities of events is classified as _____________? A event table ✓ B outcome table ✓ C decision table ✓ D probability table ✓ AK Ali Khan 4 months ago
Accounting Medium If the budgeted sales in unit is 50 and the breakeven sales in unit is 12, then the margin of safety in units will be __________? A 62 ✓ B 38 ✓ C 48 ✓ D 58 ✓ AK Ali Khan 4 months ago
Accounting Medium An effect of fixed cost to change in operating income is classified as ___________? A uncertain margin ✓ B certain margin ✓ C operating margin ✓ D operating leverage ✓ AK Ali Khan 4 months ago
Accounting Medium The target operating income is multiplied to tax rate and then subtracted from target operating income to calculate _____________? A target net cost ✓ B target net income ✓ C target net gain ✓ D target net loss ✓ AK Ali Khan 4 months ago
Accounting Medium The fixed cost, and the contribution margin percentage for the bundle are divided to calculate _____________? A breakeven costs ✓ B breakeven revenues ✓ C breakeven units ✓ D breakeven sales ✓ AK Ali Khan 4 months ago
Accounting Medium The revenue is $11000 and all the variable cost is $6000, then the contribution margin would be ____________? A −$17000 ✓ B $17,000 ✓ C $5,000 ✓ D −$5000 ✓ AK Ali Khan 4 months ago