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The relevant range is: 18 Multiple Choice 8 00:53:41 the range in which costs remain variable. the range in which costs remain fixed. the range

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The relevant range is: 18 Multiple Choice 8 00:53:41 the range in which costs remain variable. the range in which costs remain fixed. the range of activity over which we expect our assumptions about cost behavior to hold true. the range of activity based on the volume-based cost driver. All else being equal, If sales revenue doubles, variable costs will: 22 Multiple Choice 8 00:53:25 increase on a per unit basis. decrease in total Increase in total decrease on a per unit basis The contribution margin ratio is: 26 Multiple Choice 8 00:53:08 variable costs divided by fixed costs. the difference between sales revenue and variable costs. the difference between variable costs and fixed costs. O contribution margin per unit divided by sales price per unit. The break-even point is: 32 Multiple Choice 8 00:52:50 the point where zero profit is earned. the point where selling price just equals variable cost. equal to sales revenue less fixed costs. the point where zero contribution margin is earned. The formula for break-even point in terms of sales dollars is: 33 Multiple Choice 8 00:52:35 Total variable costs/Total fixed costs Total variable costs/Contribution margin ratio Total fixed costs/Unit contribution margin O Total fixed costs/Contribution margin ratio

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