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having trouble in accounting 29. A company with a high degree of Operating Leverage will have a higher amount of their costs as Fixed Costs

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29. A company with a high degree of Operating Leverage will have a higher amount of their costs as Fixed Costs compared to a lower degree of Operating Leverage. TRUE FALSE 30. In Cost-Volume-Profit (CVP) Analysis, the assumption is that Total Costs are separated into Product costs and Period costs. TRUE FALSE ANSWER THE QUESTIONS #31, 32, and #33 USING THE INFORMATION BELOW: Projected Sales: 25,000 Average Sales Price per unit: $ 45.00 Average Variable Cost per unit: $ 30.00 Total Fixed Costs: $ 250,000 R 31. Operating Income is: A. A loss B. Profit in the amount of $125,000 C. Profit in the amount of $375,000 D. Profit in the amount of $625,000 32. Break-even in unitis is: A. 8,334 B. 16,667 C. 25,000 E. Not enough information given 33. Contribution Margin Ratio is: A. 33% B. 50% C. 67% D. Not enough information given

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