What will be the effect on the contribution margin ratio if the selling price per unit decreases and variable cost per unit remains the same?
A) It will remain the same.
B) It will decrease.
C) It will increase.
D) It is impossible to determine with the given information.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What will be the effect on the contribution margin ratio if the selling price per unit decreases and variable cost per unit remains the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which organization has the authority over the accounting and financial disclosures for companies whose shares of ownership (stock are traded and sold to the public?
Answers (1)
All of the following may deduct education expenses except a. Paige is a self-employed accountant who incurs expenses to take advanced tax courses. b.
Answers (1)
On May 1 comma 2019 , Jasper Company purchased inventory costing $ 87 comma 000 by signing a 10 %, nine-month, short-term note payable. Jasper will pay the entire note (principal and interest) on the note's maturity date.
Answers (1)
What is one advantage of starting to invest as early as possible? You have access to more funds. You're eligible for higher interest rates the younger you are. You'll get a discount on any fees for funds you invest in.
Answers (1)
Round Dot Inns Is preparing a bond offering with a coupon rate of 6 percent, paid semiannually, and a face value of $1,000. The bonds will mature In 10 years and will be sold at par.
Answers (1)
New Questions in Business
If joe were to introduce himself as dr. early to sell to gensol, knowing that people would assume that he was a medical doctor, but never tell anyone that he was, would contracts entered into be considered to be fraudulent?
Answers (1)
Which of the following are reasons the aggregate demand curve is downward sloping? Check all that apply. 1) A higher price level decreases the real value of consumers' assets.
Answers (1)
If Gerry makes a deposit of $1,500 at the end of each quarter for five years, how much will he have at the end of the five years assuming a 12% annual return and quarterly compounding?
Answers (1)
Explain how globalization influence management
Answers (1)
The following information relating to a company's overhead costs is available. Col1 = Actual total variable overhead, Actual total fixed overhead, Budgeted variable overhead rate per machine hour, Budgeted total fixed overhead, Budgeted machine
Answers (1)