Question
The Cole Co.s selling price per unit is $67 and the variable expense ratio is 66%. An increase in one dollar of sales will: increase
The Cole Co.s selling price per unit is $67 and the variable expense ratio is 66%. An increase in one dollar of sales will:
increase contribution margin by $0.34.
increase contribution margin by $1.00.
decrease fixed costs by $0.34.
increase fixed costs by $0.66.
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Introduction To Cost Accounting
Authors: Don R. Hansen, Maryanne Mowen, Liming Guan, Mowen/Hansen
1st International Edition
0538749636, 978-0538749633
