Question
1. If fixed costs increased and everything else the same , the contribution margin would increase cannot tell remain the same decrease 2. Part of
1.
If fixed costs increased and everything else the same , the contribution margin would
increase | ||
cannot tell | ||
remain the same | ||
decrease |
2.
Part of the cost is variable and part is fixed
variable cost | ||
mixed cost | ||
fixed cost | ||
constant cost |
3.
What would cause the break-even point to increase?
variable costs go up | ||
variable costs go down | ||
Fixed price go down | ||
contribution margin goes up |
4.
Which would you find on an absorption costing income statement?
Contribution margin | ||
fixed costs | ||
variable costs | ||
gross profit |
5.
Which of these is a variable cost?
rent | ||
direct labor | ||
straight line depreciation | ||
president's salary |
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