Question
If total costs remain the same, the smaller the proportion of fixed costs in a firm's cost structure: Selected Answer:A. the greater the impact on
If total costs remain the same, the smaller the proportion of fixed costs in a firm's cost structure:
Selected Answer:A.the greater the impact on profit from a percentage change in sales volume.
Answers: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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Financial Accounting
Authors: W Steve Albrecht, Earl K Stice
11th Edition
0538746955, 9780538746953
