Commerce & Accountancy

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Q. A company has a market share of 25% in a market worth $1,000,000. What is the company's sales revenue?
  • A. $250,000
  • B. $300,000
  • C. $200,000
  • D. $400,000
Q. A company has a market share of 25% in a market worth $1,000,000. What is the company's revenue from this market?
  • A. $250,000
  • B. $500,000
  • C. $750,000
  • D. $1,000,000
Q. A company has a net income of $120,000 and dividends of $30,000. What is the retained earnings at the end of the year?
  • A. $90,000
  • B. $120,000
  • C. $150,000
  • D. $180,000
Q. A company has a return on investment (ROI) of 25%. If the investment was $200,000, what is the return?
  • A. $40,000
  • B. $50,000
  • C. $60,000
  • D. $70,000
Q. A company has a selling price of $150, variable costs of $90, and fixed costs of $30,000. What is the break-even point in sales dollars?
  • A. $150,000
  • B. $200,000
  • C. $300,000
  • D. $400,000
Q. A company has a selling price of $300, variable costs of $180, and fixed costs of $60,000. What is the break-even sales revenue?
  • A. $120,000
  • B. $100,000
  • C. $80,000
  • D. $60,000
Q. A company has a total cost of $100,000, with fixed costs of $40,000. What is the variable cost if 4,000 units are produced?
  • A. $15,000
  • B. $20,000
  • C. $25,000
  • D. $30,000
Q. A company has a total cost of $50,000 for producing 1,000 units. If the fixed cost is $20,000, what is the variable cost per unit?
  • A. $30
  • B. $25
  • C. $20
  • D. $15
Q. A company has a total revenue of $500,000 and total expenses of $350,000. What is the net profit?
  • A. $150,000
  • B. $200,000
  • C. $100,000
  • D. $50,000
Q. A company has a variable cost of $12 per unit and a selling price of $20 per unit. What is the contribution margin ratio?
  • A. 40%
  • B. 50%
  • C. 60%
  • D. 70%
Q. A company has an inventory of $50,000 at the beginning of the year and purchases an additional $20,000. If the ending inventory is $30,000, what is the cost of goods sold?
  • A. $40,000
  • B. $50,000
  • C. $60,000
  • D. $70,000
Q. A company has fixed costs of $12,000 and a contribution margin of $20 per unit. If they sell 1,000 units, what is their profit?
  • A. $8,000
  • B. $10,000
  • C. $12,000
  • D. $14,000
Q. A company has fixed costs of $20,000 and a contribution margin of $10 per unit. How many units must be sold to break even?
  • A. 1,000
  • B. 2,000
  • C. 500
  • D. 1,500
Q. A company has fixed costs of $20,000 and a contribution margin of $10 per unit. How many units must be sold to achieve a profit of $10,000?
  • A. 2,000 units
  • B. 3,000 units
  • C. 4,000 units
  • D. 5,000 units
Q. A company has fixed costs of $20,000 and a contribution margin of $5 per unit. How many units must be sold to break even?
  • A. 2,000
  • B. 4,000
  • C. 1,000
  • D. 5,000
Q. A company has fixed costs of $20,000 and a contribution margin ratio of 25%. What is the sales revenue needed to break even?
  • A. $80,000
  • B. $100,000
  • C. $60,000
  • D. $40,000
Q. A company has fixed costs of $30,000 and a contribution margin of $10 per unit. How many units must be sold to achieve a target profit of $10,000?
  • A. 4,000
  • B. 3,000
  • C. 2,000
  • D. 5,000
Q. A company has fixed costs of $30,000 and a contribution margin of $15 per unit. How many units must be sold to break even?
  • A. 1,500 units
  • B. 2,000 units
  • C. 2,500 units
  • D. 3,000 units
Q. A company has fixed costs of $50,000 and variable costs of $20 per unit. If they sell 3,000 units, what is the total cost?
  • A. $50,000
  • B. $110,000
  • C. $60,000
  • D. $80,000
Q. A company has the following balances: Equipment $15,000, Accumulated Depreciation $3,000, and Accounts Payable $2,000. What is the net value of Equipment in the trial balance?
  • A. $12,000
  • B. $15,000
  • C. $18,000
  • D. $3,000
Q. A company has the following balances: Equipment $20,000, Accumulated Depreciation $5,000, and Accounts Payable $3,000. What is the net amount for Equipment in the trial balance?
  • A. $20,000
  • B. $15,000
  • C. $25,000
  • D. $3,000
Q. A company has the following inventory purchases: 50 units at $10, 100 units at $12, and 150 units at $15. If it sells 200 units using FIFO, what is the cost of goods sold?
  • A. $2,200
  • B. $2,400
  • C. $2,600
  • D. $2,800
Q. A company incurs $10,000 in fixed costs and has a contribution margin of $25 per unit. How many units must be sold to achieve a target profit of $15,000?
  • A. 1,000 units
  • B. 600 units
  • C. 800 units
  • D. 700 units
Q. A company incurs a total cost of $120,000 to produce 10,000 units. If fixed costs are $40,000, what is the marginal cost per unit?
  • A. $8
  • B. $12
  • C. $10
  • D. $6
Q. A company incurs a total cost of $15,000 for producing 1,200 units. If the fixed costs are $5,000, what is the variable cost per unit?
  • A. $8.33
  • B. $10.00
  • C. $12.50
  • D. $7.50
Q. A company incurs a total cost of $50,000 for producing 5,000 units. What is the average cost per unit?
  • A. $8
  • B. $10
  • C. $12
  • D. $15
Q. A company is facing high employee turnover. Which management principle should be prioritized to address this issue?
  • A. Stability of tenure
  • B. Authority and responsibility
  • C. Subordination of individual interests
  • D. Initiative
Q. A company planned to produce 10,000 units at a cost of $5 per unit. If the actual cost was $6 per unit, what is the total cost variance?
  • A. $10,000 Favorable
  • B. $10,000 Unfavorable
  • C. $5,000 Favorable
  • D. $5,000 Unfavorable
Q. A company planned to sell 15,000 units at $10 each but sold only 12,000 units. What is the sales volume variance?
  • A. $30,000 Favorable
  • B. $30,000 Unfavorable
  • C. $15,000 Favorable
  • D. $15,000 Unfavorable
Q. A company produces 1,000 units of a product at a total cost of $10,000. If the fixed costs are $4,000, what is the marginal cost per unit?
  • A. $6.00
  • B. $4.00
  • C. $10.00
  • D. $8.00
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