Question
If total costs remain the same, the smaller the proportion of fixed costs in a firm's cost structure: A: the greater the impact on profit
If total costs remain the same, the smaller the proportion of fixed costs in a firm's cost structure:
A: the greater the impact on profit from a percentage change in sales volume.
B: the smaller the impact a percentage change in sales volume will have on profit.
C: the lower the contribution margin.
D: the smaller the impact a percentage change in sales volume will have on profit and the lower the contribution margin.
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Accounting
Authors: Carl s. warren, James m. reeve, Philip e. fess
21st Edition
978-0324400205, 324225016, 324188005, 324400209, 9780324225013, 978-0324188004
