Question
Respond that the following statements are TRUE or FALSE: 1) Higher fixed costs decrease the total contribution margin required to break even. 2) Higher fixed
Respond that the following statements are TRUE or FALSE:
1) Higher fixed costs decrease the total contribution margin required to break even.
2) Higher fixed costs increase the total number of units required to break even.
3) When the variable cost per unit increases, the contribution margin on each unit decreases.
4) If the variable cost per unit decreases, the total number of units required to breakeven will increase.
5) An increase in selling price per unit decreases the contribution margin per unit.
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Statistics For The Life Sciences
Authors: Myra Samuels, Jeffrey Witmer, Andrew Schaffner
5th Edition
321989589, 978-0321989581
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