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37.) If the contribution margin is not sufthicient 8 over mil A) total profit equals total expenses. B) contribution margin is negative. C) a loss
37.) If the contribution margin is not sufthicient 8 over mil A) total profit equals total expenses. B) contribution margin is negative. C) a loss occurs. D) variable expenses equal contribution margin. 38.) Which of the following is correct? The break-even point occurs on the CVP graph where A) total profit equals total expenses. B) total profit equals total fixed expenses. C) total contribution margin equals total fixed expenses. D) total variable expenses equal total contribution margirn 39) Mossfeet Shoe Corporation is a single product firm. The company is predicting that a price year will not cause unit sales to decrease. What effect would this price increase h ext year? ave on the foll Contribution Margin Ratico Break-even Point A) Increase B) Decrease C) Increase D) Decrease Decrease Decrease No effect No effect
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