Question: Managerial accounting Multiple Choice Questions Contribution margin is the amount remaining after: A. variable expenses have been deducted from sales revenue. B. fixed expenses have

Managerial accounting Multiple Choice Questions

Contribution margin is the amount remaining after: A. variable expenses have been deducted from sales revenue. B. fixed expenses have been deducted from sales revenue. C. fixed expenses have been deducted from variable expenses. D. cost of goods sold has been deducted from sales revenues. The break-even in units sold will decrease if there is an increase in: A. unit sales volume. B. total fixed expenses. C. unit variable expenses. D. selling price. Tribley Inc. has an operating leverage of 8.0. If the company's sales increase by 19%, its net operating income should increase by about: A. 152.0% B. 19.0% C. 8.0% D. 42.1%

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