ACCA Variable Costing Analysis — practice questions
19 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice ACCA Variable Costing Analysis in the app →Under variable costing, how is fixed factory overhead treated?Which subtotal replaces gross profit on a variable costing statement of profit or loss?Which costs are charged to the product under both absorption costing and variable costing?Sales are $750,000 and variable cost of goods sold is $375,000. What is the manufacturing margin?Manufacturing margin is $375,000 and variable selling and administrative expenses are $75,000. What is the con15,000 units are produced and 15,000 sold. Variable manufacturing cost is $25 per unit and fixed manufacturingA manufacturer produces 15,000 units and sells 15,000 units in the same period. How do the two operating incomFixed manufacturing costs are $150,000 and 20,000 units are produced. What is the fixed manufacturing cost per20,000 units are produced and 15,000 sold at $50 each. Variable manufacturing cost is $25 per unit, fixed manuOperating income is $100,000 under variable costing and $137,500 under absorption costing when 20,000 units ar15,000 units are sold at $50 each, cost of goods sold under absorption costing is $575,000 and selling and admA manufacturer sells more units in the period than it produces. Which operating income figure is higher?Sales stay at 15,000 units while production is 15,000, then 20,000, then 10,000 units. What happens to operatiSales are $320,000, variable cost of goods sold is $52,800 and variable selling expenses are $121,800. What isProduct 1 has a contribution margin ratio of 38.0% and Product 2 has 55.0%, on sales of $180,000 and $140,000.Four sales staff report contribution margins of $14,700, $13,400, $22,100 and $17,400 on sales of $32,000, $40Projection 1 gives a contribution margin of $375,000 and Projection 6 gives $401,500. Fixed costs are $375,000A hotel records rooms revenue of $84,000 and total variable costs of $32,900 for the month. What is its contriA hotel reports a contribution margin of $51,100 for the month against total fixed costs of $38,900. What is i