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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