Question 25 Marked out of 100 Masirah Company sold 7,000 units of its product resulting in $70,000 of sales revenue, $28,000 of variable costs, and $14,000 of fixed costs. If variable costs decrease by $1 per unit, the new margin of safety in units is: 7,000 units b. 4,666 units c. 2,000 units d. None of the given answers 5,000 units Clear to choice Question 26 Not yet answered Marked out of 0.60 Which of the following statements about CVP analysis is true? a. Unit selling price, unit variable costs, and total fixed costs are known and remain constant. b. Operating income calculations in CVP analysis are based on gross margin c. All of the given answers are false d. The CVP analysis assumes that total variable costs remain the same over a relevant range Claat my choice Previous Next >