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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 the contribution margin per unit is $7500, selling price is $1300 and variable manufacturing cost per unit is $1700, then per unit cost of marketing would be _________?

A $4,500

B $5,500

C $6,500

D $7,500

Review Detailed Answer

Correct Answer: $4,500

If the per unit budget per unit cost is $200 and budgeted production units are 350, then fixed budgeted manufacturing costs will be __________?

A $40,000

B $60,000

C $70,000

D $50,000

Review Detailed Answer

Correct Answer: $70,000

The cost which is excluded from inventoriable costs in variable costing method is called _________?

A variable factory overheads

B fixed manufacturing cost

C variable manufacturing costs

D fixed factory overheads

Review Detailed Answer

Correct Answer: fixed manufacturing cost

If the contribution margin per unit is $12300 and the change in sold quantity of units is 50, then change in variable costing operating income will be __________?

A $315,000

B $415,000

C $615,000

D $515,000

Review Detailed Answer

Correct Answer: $615,000

The selling price minus variable manufacturing cost per unit, minus variable marketing cost per unit is equal to _____________?

A fixed margin per unit

B variable margin per unit

C contribution margin per batch

D contribution margin per unit

Review Detailed Answer

Correct Answer: contribution margin per unit

If the budgeted fixed manufacturing cost is $150000 and the per unit cost is $120, then budgeted production units will be ________?

A $1,250

B $1,350

C $1,450

D $1,550

Review Detailed Answer

Correct Answer: $1,250

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

A higher income

B zero dividends

C negative income value

D lower income

Review Detailed Answer

Correct Answer: higher income

The normal costing and standard costing methods are used in decisions such as ___________?

A investment decisions

B pricing decisions

C product mix decisions

D Both B and C

Review Detailed Answer

Correct Answer: Both B and C

In variable costing, the variable manufacturing and fixed manufacturing cost focus on __________?

A distinction

B similarities

C increase in units

D decrease in units

Review Detailed Answer

Correct Answer: similarities

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 __________?

A 100 units

B 110 units

C 120 units

D 140 units

Review Detailed Answer

Correct Answer: 140 units

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

If the contribution margin per unit is $7500, selling price is $1300 and variable manufacturing cost per unit is $1700, then per unit cost of marketing would be _________?

If the per unit budget per unit cost is $200 and budgeted production units are 350, then fixed budgeted manufacturing costs will be __________?

The cost which is excluded from inventoriable costs in variable costing method is called _________?

If the contribution margin per unit is $12300 and the change in sold quantity of units is 50, then change in variable costing operating income will be __________?

The selling price minus variable manufacturing cost per unit, minus variable marketing cost per unit is equal to _____________?

If the budgeted fixed manufacturing cost is $150000 and the per unit cost is $120, then budgeted production units will be ________?

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

The normal costing and standard costing methods are used in decisions such as ___________?

In variable costing, the variable manufacturing and fixed manufacturing cost focus on __________?

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 __________?