………………..is the excess of sales over marginal cost of sales

Related MCQs

• Marginal cost and differential cost are the same when ……..costs do not change with change in output
• Marginal cost is the ……….cost of producing an additional unit of output
• Marginal cost is the aggregate of prime cost and ……………….
• If the Gross sales of a concern is Rs.200000 and sales return is 20000, Gross profit is 150000.cost of goods sold is……………………..
• Given sales = 100000, Profit = 10000 , variable cost = 70%.The sales required to earn a profit of Rs.40000 is ………………………
• The Profit/Volume ratio or marginal ratio expresses the relation of ………… to sales.
• ……………..means excess of current assets over current liabilities.
• The essence of marginal costing is that ……………… cost is considered on the whole as separate.
• ………. Is the increase or decrease in total cost which results from producing or selling additional or fewer units of a product or from a change in the method of production or distribution such as the use of improved machinery, addition or exclusion of a product or territory or selection of an additional sales channel.
• Given sales = 150000, Fixed costs = 30000, Profit = 40000.The variable cost is………….