$4$

Which of the following is true regarding the contribution margin ratio of a company that produces only a single product?

Multiple Choice

$01$:$26$:$38$

As fixed expenses decrease, the contribution margin ratio increases.

The contribution margin ratio multiplied by the selling price per unit equals the contribution margin per unit.

The contribution margin ratio will decline as unit sales decline.

The contribution margin ratio equals the selling price per unit less the variable expense ratio.

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$4$ of $30$

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