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Q07Sol(Ch07)

# Q07Sol(Ch07) - Acc 312 Spring 2009 Quiz#7 Chapter 7...

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Acc 312 - Spring 2009 Quiz #7 - Chapter 7 - Solution ( Please note that there were multiple versions of the quiz) Please choose the BEST answer for each question. 1. Which of the following would take place if a company were able to reduce only its variable cost per unit? Contribution Margin Break-even Point a. Increase Increase b. Increase Decrease c. Decrease Increase d. Decrease Decrease e. Increase No effect 2. Adams has a break-even point of 40,000 units. If the firm’s sole product sells for \$24 and fixed costs total \$240,000, the variable cost per unit must be:

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