Question: 1.If total fixed costs doubled and contribution margin per unit was cut in half, what would happen to the breakeven point? a. It would decrease

1.If total fixed costs doubled and contribution margin per unit was cut in half, what would happen to the breakeven point?
a. It would decrease by half.
b. It would double.
c. It would triple.
d. It would quadruple

2. What is BioTec’s contribution margin ratio?
a. 60%
b. 40%
c. 30%
d. 20%

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