7:34 ll 5G e Ims.trainingcertificationedge.com-Private 1:49:40 REMAINING O Question 7 of 100 Which of the following statements about the interrelationships of volume and price is TRUE? A. Price increases raise the percentage of variable costs to sales. B. Volume increases lower the variable cost percentage. C. Price increases reduce variable costs. D. Volume increases raise variable costs. 7:34 5G e Ims.trainingcertificationedge.com- Private AHLEIII Ac AMERICAN HOTEL & LODGING EDUCATIONAL INSTITUTE Options 1:49:27 REMAINING O Question 8 of 100 If sales volume is $50,000 and a variable guest supplies expense is $10,000, the variable cost percentage is percent. A. 5 B. 10 C. 20 D. 80 ->
7:34 ll 5G e Ims.trainingcertificationedge.com-Private 1:49:40 REMAINING O Question 7 of 100 Which of the following statements about the interrelationships of volume and price is TRUE? A. Price increases raise the percentage of variable costs to sales. B. Volume increases lower the variable cost percentage. C. Price increases reduce variable costs. D. Volume increases raise variable costs. 7:34 5G e Ims.trainingcertificationedge.com- Private AHLEIII Ac AMERICAN HOTEL & LODGING EDUCATIONAL INSTITUTE Options 1:49:27 REMAINING O Question 8 of 100 If sales volume is $50,000 and a variable guest supplies expense is $10,000, the variable cost percentage is percent. A. 5 B. 10 C. 20 D. 80 ->
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![7:34
ll 5G
e Ims.trainingcertificationedge.com-Private
1:49:40
REMAINING O
Question 7 of 100
Which of the following statements about
the interrelationships of volume and price
is TRUE?
A. Price increases raise the
percentage of variable costs
to sales.
B. Volume increases lower
the variable cost percentage.
C. Price increases reduce
variable costs.
D. Volume increases raise
variable costs.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F831fc044-4634-4d8f-abef-1ef24499913f%2F2e8452ba-fa78-4c1f-aee2-9f7c8f89bf00%2Fpiqkn19.jpeg&w=3840&q=75)
Transcribed Image Text:7:34
ll 5G
e Ims.trainingcertificationedge.com-Private
1:49:40
REMAINING O
Question 7 of 100
Which of the following statements about
the interrelationships of volume and price
is TRUE?
A. Price increases raise the
percentage of variable costs
to sales.
B. Volume increases lower
the variable cost percentage.
C. Price increases reduce
variable costs.
D. Volume increases raise
variable costs.
![7:34
5G
e Ims.trainingcertificationedge.com- Private
AHLEIII
Ac
AMERICAN HOTEL & LODGING
EDUCATIONAL INSTITUTE
Options
1:49:27
REMAINING O
Question 8 of 100
If sales volume is $50,000 and a variable
guest supplies expense is $10,000, the
variable cost percentage is
percent.
A. 5
B. 10
C. 20
D. 80
->](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F831fc044-4634-4d8f-abef-1ef24499913f%2F2e8452ba-fa78-4c1f-aee2-9f7c8f89bf00%2Fdbroowt.jpeg&w=3840&q=75)
Transcribed Image Text:7:34
5G
e Ims.trainingcertificationedge.com- Private
AHLEIII
Ac
AMERICAN HOTEL & LODGING
EDUCATIONAL INSTITUTE
Options
1:49:27
REMAINING O
Question 8 of 100
If sales volume is $50,000 and a variable
guest supplies expense is $10,000, the
variable cost percentage is
percent.
A. 5
B. 10
C. 20
D. 80
->
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