Q. Profit-volume ratio is a relationship between
✅ Correct Answer: (C)
Contribution to sales
Applied Cost Accounting MCQs and Notes
Q. The angle formed at the intersection of sales line and variable cost line is called
✅ Correct Answer: (A)
Angle of incidence
Q. Contribution is the sum of
✅ Correct Answer: (A)
Fixed cost and profit
Q. Contribution is the difference in
✅ Correct Answer: (B)
Sales and variable cost
Q. Contribution margin is also known as
✅ Correct Answer: (D)
Marginal income
Q. The valuation of stock, in marginal costing, as compared to absorption costing is
✅ Correct Answer: (B)
Lower
Q. Break even chart depicts
✅ Correct Answer: (A)
Cost volume profit relationship
Q. At break even point, the contribution equal to
✅ Correct Answer: (A)
Fixed cost
Q. At break even point, the
✅ Correct Answer: (C)
Total cost equal to the total sales value