MCQsDrive | MCQsDrive

Management Sciences 5307 MCQs [All-Courses]

Management Sciences focuses on the planning, organizing, leading, and controlling of resources to achieve organizational goals.This subject is highly important for competitive exams, academic study, and professional careers in the business and public sectors.

If target operating income is $38000, contribution margin per unit is $400, then the number of units must be sold to earn targeted operating income will be ___________?

A 65 units

B 75 units

C 95 units

D 85 units

Review Detailed Answer

Correct Answer: 95 units

If the production is less than sales so, an operating income under absorption costing will be called ________?

A higher income

B zero dividends

C negative income value

D lower income

Review Detailed Answer

Correct Answer: lower income

An approach used for choosing capacity level, having no beginning inventory, is classified as __________?

A write off variance approach

B write in variance approach

C adjusted variance approach

D unadjusted variance approach

Review Detailed Answer

Correct Answer: write off variance approach

In absorption costing, an effect on cost volume profit relationship is driven by __________?

A unit level of production

B unit level of sales

C chosen denominator level

D all of above

Review Detailed Answer

Correct Answer: all of above

If the beginning inventory is $40000, the total revenues are $225000 and the ending inventory is $30000, then total production would be _________?

A $95,000

B $235,000

C $295,000

D $195,000

Review Detailed Answer

Correct Answer: $235,000

In variable costing, the change in operating income is driven only by changes in _________?

A quantity of units sold

B quantity of units manufactured

C increase in units sold

D decrease in units sold

Review Detailed Answer

Correct Answer: quantity of units sold

Under absorption costing, the fixed cost of manufacturing is deferred to some ___________?

A present period

B future period

C yearly period

D monthly period

Review Detailed Answer

Correct Answer: future period

If the production is greater than sales, then operating income under variable costing is _________?

A negative income value

B lower income

C higher income

D zero dividends

Review Detailed Answer

Correct Answer: lower income

In manufacturing companies, the variable and absorption costing are methods, which are used in __________?

A recording of liabilities

B costing of current assets

C costing of machinery

D costing of inventories

Review Detailed Answer

Correct Answer: costing of inventories

If the selling price is $2500, variable manufacturing cost per unit is $1000 and variable marketing cost per unit is $500, then contribution margin per unit will be ___________?

A $4,000

B $2,500

C $1,000

D $15,000

Review Detailed Answer

Correct Answer: $1,000

Showing 4401 to 4410 of 5307 results

Contact Info

Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

If target operating income is $38000, contribution margin per unit is $400, then the number of units must be sold to earn targeted operating income will be ___________?

If the production is less than sales so, an operating income under absorption costing will be called ________?

An approach used for choosing capacity level, having no beginning inventory, is classified as __________?

In absorption costing, an effect on cost volume profit relationship is driven by __________?

If the beginning inventory is $40000, the total revenues are $225000 and the ending inventory is $30000, then total production would be _________?

In variable costing, the change in operating income is driven only by changes in _________?

Under absorption costing, the fixed cost of manufacturing is deferred to some ___________?

If the production is greater than sales, then operating income under variable costing is _________?

In manufacturing companies, the variable and absorption costing are methods, which are used in __________?

If the selling price is $2500, variable manufacturing cost per unit is $1000 and variable marketing cost per unit is $500, then contribution margin per unit will be ___________?