The contribution margin ratio always increases when (you may select more than one answer): a. Sales increase.
Question:
The contribution margin ratio always increases when (you may select more than one answer):
a. Sales increase.
b. Fixed costs decrease.
c. Total variable costs decrease.
d. Variable costs as a percent of sales decrease.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Choice d The cont...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
ISE Introduction To Managerial Accounting
ISBN: 9781260091755
8th Edition
Authors: Peter Brewer, Ray Garrison, Eric Noreen
Question Posted:
Students also viewed these Business questions
-
We have looked at the breakeven calculations for a single-product firm. However, most firms make more than one product - or service. Conceptually, multiple-product breakeven is the same as single...
-
Orton Company distributes one product that sells for $11.50 per unit and incurs variable expenses of $8.25 per unit. Its monthly fixed expense is $80,000. The company currently pays its sales...
-
At the breakeven point, a company's sales revenue equals its expenses and there is zero profit. Breakeven analysis can be expanded to encompass the analysis of costs, volume and profit, so that a...
-
Use the data in the table to complete the following. (a) Make a scatterplot of the data. Estimate a value for b so that f(x) = 0.0002x b models the data. (b) Check the accuracy of f(x). (c) The moon...
-
A person must score in the upper 2% of the population on an IQ test to qualify for membership in Mensa, the international high-IQ society. If IQ scores are normally distributed with a mean of 100 and...
-
Shannon purchases a bond for \($1\),142.38. The bond matures in 3 years, and she will redeem it at its face value of \($1\),200. Interest premiums are paid annually. If Shannon will earn a yield of...
-
Does Fairmont have any contactor personnel whose have terminated but are being paid through payroll after termination (e.g., ghost employees)?
-
Hanson Inn is a 96-room hotel located near the airport and convention center in Louisville, Kentucky. When a convention or a special event is in town, Hanson increases its normal room rates and takes...
-
x Determine the solution of the following system of equations via row reduction of the corresponding augmented matrix: x+5y+3z 11 y 23 z = 4 = 11 y + 21 z = 1 Give your answer in the form of a row...
-
Assume the selling price per unit is $30, the contribution margin ratio is 40%, and the total fixed cost is $60,000. What is the break-even point in unit sales? a. 2,000 b. 3,000 c. 4,000 d. 5,000
-
Once a company hits its break-even point, net operating income will a. Increase by an amount equal to the selling price per unit multiplied by the number of units sold above the break-even point. b....
-
CREA puts the average price at which a house was sold in Canada in 2014 at $415,100. Lets assume that the standard deviation of the house prices is $134,216. Suppose youd done a survey of a random...
-
(1) What is the proper sign and subscripts for this shear stress? a. Txy b. -Txy Tyx d. -Tyx C. e. Txz f. g. h. i. j. -Txz Tzx -Tzx Tyz -Tyz X y
-
Process of Treatment Answer the following prompt in relation to your chosen theory: Describe the process of treatment using this theory. This should include a description of the length of treatment,...
-
Given the following stress state: S= Draw Mohr's circle and (a) label the points corresponding to S. (b) label 0, and 0, on the drawing from (a), and then use the drawing to calculate 0 and 0- (c)...
-
Enter a quadratic polynomial which has zeros at 5 and 9. Enter a quadratic polynomial which has zeros at -7 and 3. Enter a quadratic polynomial which has a double root at -10.
-
Gwen owes a total of $4,522.50 on revolving credit accounts that have total limits of $7,950.00. Calculate the amount she needs to pay on her debt to reduce her revolving credit accounts to reach a...
-
Light of 450-nm wavelength strikes a metal surface and a stream of electrons emerges from the metal. If light of the same intensity but of wavelength 400nm strikes the surface, are more electrons...
-
Rewrite Programming Exercise 7.5 using streams. Display the numbers in increasing order. Data from Programming Exercise 7.5 Write a program that reads in 10 numbers and displays the number of...
-
Define each of the following terms: a. Cash flow; accounting income b. Incremental cash flow; sunk cost; opportunity cost c. Net operating working capital changes; salvage value d. Real rate of...
-
Operating cash flows, rather than accounting profits, are listed in Table 11-4.What is the basis for this emphasis on cash flows as opposed to net income?
-
Why is it true, in general, that a failure to adjust expected cash flows for expected inflation biases the calculated NPV downward?
-
The results of a survey of how many people watched Sons of Anarchy (SOA), Queen of the South (QoS), and Yellowstone (Y) streaming on TV are shown below in the Venn Diagram. How many viewers took part...
-
1. [5 marks] A 72 kg person is having a tug-of-war. The rope is horizontal and 1.75 m above the ground. This person's center of mass is 1.35 m from the ground when he is in an upright standing...
-
Not all convention planners need to reach out to the media, but those that do should be sure to have carefully built relationships and manage their messaging. In this discussion, news release for...
Study smarter with the SolutionInn App