Following are utilities costs for different level of machine hours: $225 for 5 hours ; $230 for 6 hours ; $235 for 7 hours ; and $240 for 8 hours. This cost is best described as Select one: a. Variable b. Fixed c. None of the answers given d. Mixed e. Direct All else being equal, a $10.00 increase in a product's variable expense per unit accompanied by a $10.00 increase in its selling price per unit will: Select one: a. have no effect on the contribution margin ratio. b. decrease the degree of operating leverage. c. increase the break-even volume. d. None of the given answers. e have no effect on the total contribution margin. XYZ company currently seils 15,000 units a month for $50 each, has variable costs of $25 per unit, and fixed costs of $300,000. The company is considering increasing the price of its units to $65 per unit. If the price is changed, how many units will the company need to sell for profit to remain the same as before the price change? Select one: a. 12,000 b. None of the given answers. c. 9,375 d. 7,500 e. 10,000 XYZ Company is currently selling its single product for $15. Variable costs are estimated to remain at 70% of the current selling price and fixed costs are estimated to be $4,800 per month. If XYZ decreases its selling price by 10%, its variable cost ratio will: Select one: a Cannot determine with the information given. b. None of the given answers. c. Increase d. decrease e not change