exam 4&5.docx - Released Mar 5 2018 9:54 AM Lesson 4 Exam Question 1 2.5 2.5 points If the variable cost per unit decreases while the sales price

exam 4&5.docx - Released Mar 5 2018 9:54 AM Lesson 4 Exam...

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Released: Mar 5, 2018 9:54 AM Lesson 4 Exam Question 12.5 / 2.5 pointsIf the variable cost per unit decreases while the sales price per unit and total fixedcosts remain constant, which of the following statements is TRUE? Question options:a) The contribution margin decreases and the breakeven point increases.b) The contribution margin decreases and the breakeven point decreases.c) The contribution margin increases and the breakeven point increases.d) The contribution margin increases and the breakeven point decreases. Question 2 2.5 / 2.5 points Which of the following pairs are characteristics of price-setters? Question 32.5 / 2.5 pointsFixed costs that are allocated among all departments are known as:
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Question 42.5 / 2.5 pointsTo find a firm's operating leverage factor at a given level of sales, you: Question 52.5 / 2.5 pointsIf the fixed costs increase while the sales price per unit and variable costs per unitremain constant, which of the following statements is TRUE? Question options:a) The contribution margin stays the same and thebreakeven point increases.b) The contribution margin decreases and the breakeven point increases.c) The contribution margin stays the same and thebreakeven point decreases.d) The contribution margin increases and the breakeven point decreases.
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Question 6 2.5 / 2.5 points A company's margin of safety is computed as: Question 72.5 / 2.5 pointsWhich of the following statements is TRUE if the sales price per unit decreases while the variable cost per unit and total fixed costs remain constant?
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