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QUESTION 1 The traditional approach to the income statement provides a contribution margin figure from which fixed costs are deducted. is helpful internally for planning

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QUESTION 1 The traditional approach to the income statement provides a contribution margin figure from which fixed costs are deducted. is helpful internally for planning and decision making b. organizes costs based on their function d. organizes costs based on their behavior QUESTION 2 if the variable cost per unit increases, which of the following statements is true? The break-even point will increase O a. b Contribution margin per unit will increase Net income will increase d. The margin of safety will increase. Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Pro esc $ # 3 1 N 4 5 6 & 7

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