Question
Select all of the following that are FALSE. Question 8 options: We can expect the margin of safety to decrease if fixed expense increase in
Select all of the following that are FALSE.
Question 8 options:
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We can expect the margin of safety to decrease if fixed expense increase in a company (assuming all other factors remain unchanged).
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A low contribution margin will result in less net income than a high contribution margin ratio at a given level of sales.
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Increases in contribution margin will be reflected dollar for dollar in increased net income once the break-even point has been reached.
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All manufacturing costs are deducted in the calculation of the contribution margin.
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The margin of safety percentage is equal to the margin of safety in dollars divided by total sales in dollars.
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An increase $15,000 in sales is required to break even if fixed expenses increase by $15,000 per year.
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Role Of The Commissioner In Audit Findings Of A National Survey Of Commissioning Authorities In England Evaluating Medical Audit
Authors: Moira, Rumsey
1st Edition
1898845026, 978-1898845027
