If variable costs per unit increased because of an increase in hourly wage rates, the break-even point would:

A) decrease
B) increase
C) remain the same
D) increase or decrease, depending upon the percentage increase in wage rates


B

Business

You might also like to view...

What are the three purposes or aims of imposing punishment for criminal acts?

What will be an ideal response?

Business

______ state(s) human needs progress to higher levels as the lower level needs are met.

A. Maslow’s theory B. Taylor’s approach C. Operant conditioning D. The Hawthorne experiments

Business

You have the following data on (1) the average annual returns of the market for the past 5 years and (2) similar information on Stocks A and B. Which of the possible answers best describes the historical betas for A and B?  YearsMarketStock AStock B               10.030.160.05               2-0.050.200.05               30.010.180.05               4-0.100.250.05               50.060.140.05

A. bA > 0; bB = 1. B. bA > +1; bB = 0. C. bA = 0; bB = -1. D. bA < 0; bB = 0. E. bA < -1; bB = 1.

Business

Identify which of the following statements is true.

A) The period for payment of estate taxes may be extended if the executor shows "reasonable cause" for not being able to pay some, or all, of the estate tax liability on the regular due date. B) The estate tax on interests in certain closely held businesses may be paid in installments over a 15-year period if elected. C) An executor may elect to postpone payment of the estate tax attributable to a remainder or reversionary interest until eight months after the interests of the other person(s) terminate. D) All of the above are false.

Business