Question: 1. What effect would a increase in wage rates (applicable to direct, strictly variable, labor) have on the break-even point and the contribution margin? Break-even
1. What effect would a increase in wage rates (applicable to direct, strictly variable, labor) have on the break-even point and the contribution margin?
Break-even Point; Contribution Margin:
A. Decrease; Decrease
B. Decrease; Increase
C. Increase; Increase
D. Increase; Decrease
2. The method of cost estimation which studies the physical relation between the quantities of inputs and output is known as
| A. | regression | |
| B. | account analysis | |
| C. | engineering analysis | |
| D. | All of the above |
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