Question: 1. If fixed costs increased and everything else the same , the contribution margin would increase cannot tell remain the same decrease 2. Part of
1.
If fixed costs increased and everything else the same , the contribution margin would
| increase | ||
| cannot tell | ||
| remain the same | ||
| decrease |
2.
Part of the cost is variable and part is fixed
| variable cost | ||
| mixed cost | ||
| fixed cost | ||
| constant cost |
3.
What would cause the break-even point to increase?
| variable costs go up | ||
| variable costs go down | ||
| Fixed price go down | ||
| contribution margin goes up |
4.
Which would you find on an absorption costing income statement?
| Contribution margin | ||
| fixed costs | ||
| variable costs | ||
| gross profit |
5.
Which of these is a variable cost?
| rent | ||
| direct labor | ||
| straight line depreciation | ||
| president's salary |
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