Question: 6. The measure that reflects an organizations variable and fixed cost relationship and indicates how a percentage change in sale from the current level will
6. The measure that reflects an organizations variable and fixed cost relationship and indicates how a percentage change in sale from the current level will impact from the current level will impact profits is called the
a. break-even point.
b. contribution margin.
c. degree of operating leverage.
d. gross margin.
e. margin of safety.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
