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Question: A product has a selling price of $80 and variable costs of $50. What is the contribution m..
Question: If a company has a margin of safety of $5,000 and its total sales are $25,000, what is the..
Question: What is the break-even point in units if fixed costs are $10,000 and the contribution marg..
Question: A company sells a product for $50 per unit. If the variable cost per unit is $30, what is ..
Question: If a company has fixed costs of $5,000 and variable costs of $15 per unit, what is the tot..
Question: What is the marginal cost of producing one additional unit if the total cost of producing ..
Question: What is the main advantage of using activity-based costing (ABC)?Options: Simplicity in ca..
Question: Which budgeting method involves preparing budgets based on previous periods\' performance?..
Question: In cost-volume-profit (CVP) analysis, what does the break-even point represent?Options: To..
Question: Which costing method is most appropriate for a company producing custom-made products?Opti..
Question: If a company has a contribution margin of $30 per unit and fixed costs of $90,000, how man..
Question: What is the primary focus of marginal costing?Options: Total cost of productionVariable co..
Question: Which of the following is NOT a component of total cost?Options: Direct materialsDirect la..
Question: What is the break-even point in units if fixed costs are $50,000, variable cost per unit i..
Question: If a company has a budgeted production cost of $150,000 and actual production cost of $160..
Question: A company incurs $10,000 in fixed costs and has a contribution margin of $25 per unit. How..
Question: If a company has a total revenue of $500,000 and total variable costs of $300,000, what is..
Question: A product has a selling price of $80 and a variable cost of $50. What is the margin of saf..
Question: If a company has total costs of $200,000 and sells 4,000 units, what is the average cost p..
Question: A company has fixed costs of $30,000 and a contribution margin of $15 per unit. How many u..
Question: If the actual cost of production is $120,000 and the budgeted cost is $100,000, what is th..
Question: A company has a budgeted sales volume of 5,000 units at a selling price of $50 per unit. W..
Question: If a product sells for $100 and has a variable cost of $60, what is the contribution margi..
Question: A company has fixed costs of $50,000 and variable costs of $20 per unit. If they sell 3,00..
Question: What is the primary benefit of using activity-based costing (ABC)?Options: It simplifies t..
Question: Which of the following is a limitation of traditional costing systems?Options: They provid..
Question: In marginal costing, which of the following costs is included in product costs?Options: Fi..
Question: Which of the following costs would be classified as a direct cost?Options: Factory rentDir..
Question: What is the contribution margin in CVP analysis?Options: Sales revenue minus fixed costsSa..
Question: In a flexible budget, how are variable costs treated?Options: They remain constant regardl..
