Scatter Graph is a Method of cost data analysis

True

False

32. If the contribution margin is $55,000, the total variable expense is $30,000, and the Fixed cost is $15,000. Then Total Profit is :

40,000

25,000

10,000

15,000

23. The Margin of Safety should be as Low as possible.

TRUE

False

30. The total contribution margin decreases if sales volume remains the same and which of The following occurs?

a. Fixed expenses increase

b. Fixed expenses decrease

c. Variable expense per unit increases

d. Variable expense per unit decreases