If variable costs increase by 5% without a corresponding increase in selling price, the number of units needed to breakeven will ________.

A) decrease
B) remain the same
C) increase
D) cannot be determined


C) increase

Business

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On the variable costing income statement, the difference between the "contribution margin" and "income before income taxes" is equal to

a. the total variable costs. b. the Cost of Goods Sold. c. total fixed costs. d. the gross margin.

Business

Venus Office Supplies offers customers a $0.50 coupon for turning in their empty printer cartridges. Venus collects the cartridges and then returns them to the producer for recycling. This is an example of ________.

A. inbound logistics B. outbound logistics C. reducing transactions D. order processing E. reverse logistics

Business

Bootstrap financing decreases the company's flexibility and drive for sales.

Answer the following statement true (T) or false (F)

Business

Considerable research evidence indicates that employee referrals result in consistently higher quit rates than other recruitment sources.

Answer the following statement true (T) or false (F)

Business