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If both the variable cost per unit and the selling price per unit increase, the new contribution margin ratio in relation to the old contribution
If both the variable cost per unit and the selling price per unit increase, the new contribution margin ratio in relation to the old contribution margin ratio will be:
Multiple Choice
lower.
higher.
unchanged.
cannot determine with the information given.
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
