All other things the same, which of the following would be true of the contribution margin and variable costs of a company with high fixed costs and low variable costs as compared to a company with low fixed costs and high variable costs? Contribution MarginVariable CostsA.HigherHigherB.LowerHigherC.HigherLowerD.LowerLower
A. Option A
B. Option B
C. Option C
D. Option D
Answer: C
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You work for an energy exploration company in the Bakken Shale in North Dakota. You have been asked to analyze the lowest cost options to move the oil that your company produces to refineries along the Atlantic coast in less than a week. What are your options?
What will be an ideal response?
In identifying a process against which to benchmark a particular process, a company should ______.
a. choose a process only from an ISO-certified firm b. choose a process in a firm in any industry c. choose a process in its own company d. choose a process in the same department
The department manager using a combination of methods has forecast sales of toasters at a local department store. Calculate the MAD for the manager's forecast. Compare the manager's forecast against a naive forecast covering the same time period
Which is better? Month Unit Sales Manager's Forecast January 52 February 61 March 73 April 79 May 66 June 51 July 47 50 August 44 55 September 30 52 October 55 42 November 74 60 December 125 75
An organization is said to adopt the market approach to going green when it responds to the environmental demands made by its stakeholders.
Answer the following statement true (T) or false (F)