Question: If the contribution margin ratio increases by 10% and all else remains the same, what is the effect on net income? Select one: more information


If the contribution margin ratio increases by 10% and all else remains the same, what is the effect on net income? Select one: more information is need to answer this question net income will increase by 20% net income will increase net income will increase by 10% The following data represents expected sales and costs for the month of October at an expected sales level of 15,000 units: The break-even point in units is: Select one: none of these 6,000 units 9,000 units 5,000 units The break-even point in sales dollars for Alpha Company is $400,000 and the company's variable costs as a \% of sales is 60%. If Alpha Company desires an income of $300,000, sales would have to total: Select one: $1,150,000 $700,000 $900,000 none of these
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