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QUESTION 3 If a company decrease its operating leverage, which of the following statements is true? a. Net Income will increase Variable costs will increase
QUESTION 3 If a company decrease its operating leverage, which of the following statements is true? a. Net Income will increase Variable costs will increase b. Fixed costs will increase Contribution Margin will increase QUESTION 4 Foley Company expects Sales of $80,000 in June. Foley's variable cont ratio is 60% and fixed expenses are $15,000. What is Foley Break-even point in dollar sales? $48.000 $37,500 a b. c. $25,000 $32,000
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