Assume that selling price is greater than variable cost. Now suppose the selling price and the variable cost per unit increase by $5.00. What effect would these changes have on the contribution margin in dollars and on the contribution margin ratio?
A) 
B) 
C) 
D) 
Correct Answer:
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Q1: If the contribution margin is $10, the
Q2: The firm's fixed costs are $60 000,
Q4: The difference between the budgeted sales revenue
Q5: The break-even point is calculated by
A)
Q6: If the contribution margin is $10, the
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Q8: Epex Pty Ltd makes a single product.
Q9: The firm's fixed costs are $60 000,
Q10: Suppose the selling price per unit increased
Q11: Suppose fixed expenses were to increase by
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