3. Which of the following is defined as the ratio of fixed expenses to the unit contribution margin? Select one: a. Break-even point in unit sales. b. Margin of safety c. Contribution margin ratio d. Profit margin

3. Which of the following is defined as the ratio of fixed expenses to the unit contribution margin? Select one: a. Break-even point in unit sales. b. Margin of safety c. Contribution margin ratio d. Profit margin

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 1MC: The amount of a units sales price that helps to cover fixed expenses is its ____________________. A....

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Question

Which of the following is defined as the ratio of fixed expenses to the unit contribution margin?

Select one:

a. Break-even point in unit sales.

b. Margin of safety

c. Contribution margin ratio

d. Profit margin

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Similar questions

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