Consider the following two statements concerning cost-volume-profit analysis. (1) The contribution per unit is the difference between the sales price per unit and the fixed costs per unit. (2) The marginal cost per unit will usually equal the variable cost per unit. Which one of the following combinations ( true/false) relating to the above statements is correct?

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Consider the following two statements concerning cost-volume-profit analysis. (1) The contribution
per unit is the difference between the sales price per unit and the fixed costs per unit. (2) The marginal
cost per unit will usually equal the variable cost per unit. Which one of the following combinations (
true/false) relating to the above statements is correct?
Transcribed Image Text:Consider the following two statements concerning cost-volume-profit analysis. (1) The contribution per unit is the difference between the sales price per unit and the fixed costs per unit. (2) The marginal cost per unit will usually equal the variable cost per unit. Which one of the following combinations ( true/false) relating to the above statements is correct?
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