If the contribution margin for Independent Lab (IL) stays constant and its fixed costs increase from $8,000

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If the contribution margin for Independent Lab (IL) stays constant and its fixed costs increase from $8,000 to $12,000, then IL’s break-even quantity
a. Increases.
b. Decreases.
c. Stays the same.

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Financial Management For Public, Health, And Not-for-Profit Organizations

ISBN: 9781506396811

6th Edition

Authors: Steven A. FinklerDaniel L. Smith, Thad D. Calabrese

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Question Posted: Sep 27, 2022 01:36 AM

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If the contribution margin for Independent Lab (IL) stays constant and its fixed costs increase from $8,000

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Financial Management For Public, Health, And Not-for-Profit Organizations

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