In a responsibility report for a profit center, controllable fixed costs are deducted from contribution margin to show:

Related MCQs

• Controllable costs, as used in a responsibility accounting system, consist of:
• In case of discretionary expense center, the financial center is primarily exercised at ………. Stage.
• Classification of responsibility center is based on the nature of the monetary ……………
• The responsibility center whose inputs are measured in monetary terms, but whose output is not, is ………………..
• A responsibility center in which the manager is held accountable for the profitable use of assets and capital is commonly known as a(n)
• According to DuPont analysis, increase in the profit margin (all else constant) should
• ROI can be viewed as a function of the net profit margin times
• Which of the following would have a low likelihood of being organized as a profit center?
• ………….. costs are not easily changed and are often fixed, for ex, once a company has decided to rent a place.
• Profit centre profit is calculated ……....