The selling price is multiplied to quantity of sold units to calculate _____________?

Related Mcqs:

1. An actual selling price is subtracted from budgeted selling price, and then multiplied to actual sold units to calculate _____________?

   A. profit variance
   B. investment variance
   C. cost variance
   D. selling price variance

2. If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and ending work in process equivalent units are 5000, then complete equivalent units in current period are _____________?

   A. 1800 units
   B. 1500 units
   C. 1300 units
   D. 1500 units

3. If an actual selling price is $400, an actual result is $250 and an actual units sold are 500, then the selling price variance will be __________?

   A. $45,000
   B. $55,000
   C. $75,000
   D. $65,000

4. If the actual selling price is $500, actual result is $250 and the actual units sold are 350, then the selling price variance will be ____________?

   A. $87,500
   B. $97,500
   C. $67,500
   D. $57,500

5. The variable cost per unit is multiplied to the quantity of sold units to calculate ____________?

   A. per unit cost
   B. variable cost
   C. fixed cost
   D. multiple cost

6. If the beginning work in process equivalent units are 2500 units, work done in current period equivalent units are 3800 units and units completed in current period are 4000, then ending work in process equivalent units will be ___________?

   A. 1800 units
   B. 2300 units
   C. 10300 units
   D. 1500 units

7. Considering two fiscal years 2013 and 2014, if the selling price in 2013 and 2014 is $55 and $60 per unit respectively and actual units sold in 2013 are 25000 units, then revenue effect of price recovery will be __________?

   A. $14,500
   B. $135,000
   C. $125,000
   D. $12,500

8. The difference between actual quantity use and input quantity for output is multiplied with budgeted price to calculate ___________?

   A. efficiency deviation
   B. efficiency variance
   C. budgeted variance
   D. usage variance

9. The contribution margin per unit is multiplied to number of units sold to calculate _____________?

   A. revenue margin
   B. variable margin
   C. contribution margin
   D. divisor margin

10. Considering two fiscal years 2013 and 2014, the actual units sold in 2013 and 2014 are 11000 and 12500 units respectively, and selling price in year 2013 is $50, then revenue effect of growth will be _________?

    A. $70,000
    B. $75,000
    C. $65,000
    D. $73,000