When a business is operating at a profit, the sale of one additional unit would increase net income by _. a. the variable cost per unit. b. the unit selling price. C. the fixed cost per unit. d. the contribution margin rate, 4:15 PM Which of the following is NOT a benefit associated with managerial accounting? a. Promotes ability to take corrective action to improve performance. b. Promotes planning and control. c. Establishes a frame of reference to evaluate performance. ABC d. It ensures that the operational results will be the same as desired. Michael Kors, a manufacturer of women's shoes, incurs property tax costs for the factory building in China where the shoes are made. These costs are classified as: product costs. LI b. period costs C. manufacturing overhead (MO). d. Product Costs and Indirect Cost of Manufacturing