Sail E0 Webinar

MCQs

Total Questions : 107 | Page 9 of 11 pages
Question 81. In variable costing, an effect on cost volume profit relationship is driven by
  1.    unit level of sales
  2.    unit level of production
  3.    unit level of inventory
  4.    unit dividends
 Discuss Question
Answer: Option A. -> unit level of sales
Answer: (a).unit level of sales
Question 82. The fixed manufacturing cost under variable costing is
  1.    inventoriable
  2.    non-inventoriable
  3.    high dividend
  4.    low dividend
 Discuss Question
Answer: Option B. -> non-inventoriable
Answer: (b).non-inventoriable
Question 83. In Variable Costing Method, the fixed manufacturing cost in the calculation period is treated as
  1.    variable quantity
  2.    fixed quantity
  3.    price
  4.    expense
 Discuss Question
Answer: Option D. -> expense
Answer: (d).expense
Question 84. In manufacturing companies, the variable costing method is also classified as
  1.    direct costing
  2.    indirect costing
  3.    total costing
  4.    One factor costing
 Discuss Question
Answer: Option A. -> direct costing
Answer: (a).direct costing
Question 85. If the per unit budgeted per unit cost is $165 and budgeted production units are 400 then fixed budgeted manufacturing costs will be
  1.    $36,000
  2.    $66,000
  3.    $56,000
  4.    $46,000
 Discuss Question
Answer: Option B. -> $66,000
Answer: (b).$66,000
Question 86. If the revenues are $85000 and throughput contribution is $63700, then direct material cost of goods sold will be
  1.    $21,300
  2.    $148,700
  3.    $138,700
  4.    $118,700
 Discuss Question
Answer: Option A. -> $21,300
Answer: (a).$21,300
Question 87. The capacity level of operations which is less than theoretical capacity is considered as
  1.    practical capacity
  2.    theoretical costing
  3.    standard capacity
  4.    actual capacity
 Discuss Question
Answer: Option A. -> practical capacity
Answer: (a).practical capacity
Question 88. The variance which is included in absorption costing, but not in variable costing is classified as
  1.    production volume variance
  2.    cost volume variance
  3.    profit volume variance
  4.    fixed cost variance
 Discuss Question
Answer: Option A. -> production volume variance
Answer: (a).production volume variance
Question 89. The standard quantity of input used for achieved output, which is multiplied to standard prices, to calculate variable direct manufacturing cost in
  1.    output costing
  2.    standard costing
  3.    achieved costing
  4.    input costing
 Discuss Question
Answer: Option B. -> standard costing
Answer: (b).standard costing
Question 90. If the target operating income is $84000 and contribution margin per unit is $600, then number of units must be sold to earn targeted operating income, will be
  1.    100 units
  2.    110 units
  3.    120 units
  4.    140 units
 Discuss Question
Answer: Option D. -> 140 units
Answer: (d).140 units

Latest Videos
Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)
Direction Sense Test Part 1 Reasoning (Hindi)
Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE
Cube & Cuboid Part 1 Reasoning (Hindi)
Data Interpretation (DI) Basic Concept Reasoning (Hindi)
Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)
Sail E0 free webinar Webinars
Real Numbers Part 7 Class 10 Maths
Real Numbers Part 1 Class 10 Maths
Polynomials Part 1 Class 10 Maths

Latest Test Papers

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI
Tabulation - Test Paper 2 Data Interpretation Reasoning & DI
Test Paper 1 Direction Sense Test Reasoning & DI
ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0
GFM Combined 1 Free Revision Test SAIL JO E-0