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1. Once the break-even point is reached, which of the following statements is true? 2. The contribution margin ratio always increases when what other value
1. Once the break-even point is reached, which of the following statements is true? 2. The contribution margin ratio always increases when what other value increases? 3. Break-even analysis assumes which of the following to be true? 4. A company increased the selling price for its product from $1.00 to $1.10 a unit when total fixed expenses increased from $400,000 to $480,000 and variable expense per unit remained unchanged. How would these changes affect the break-even point? 5. The margin of safety percentage is computed as: 6. The degree of operating leverage can be calculated as: 1. Once the break-even point is reached, which of the following statements is true? 2. The contribution margin ratio always increases when what other value increases? 3. Break-even analysis assumes which of the following to be true? 4. A company increased the selling price for its product from $1.00 to $1.10 a unit when total fixed expenses increased from $400,000 to $480,000 and variable expense per unit remained unchanged. How would these changes affect the break-even point? 5. The margin of safety percentage is computed as: 6. The degree of operating leverage can be calculated as
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