Which of the following is a TRUE statement about sales mix? Select one: O A. Profits will remain constant with an increase in total monetary sales if the total sales in units remains consta Profits may decline with an increase in total monetary sales if the sales mix shifts to sell more of the high contribution margin product. O B. OC. O D. Profits will remain constant with a decrease in total monetary sales if the sales mix also remains constant. Profits may decline with an increase in total monetary sales if the sales mix shifts to sell more of the lower product

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which of the following is a TRUE statement about sales mix?
Select one:
O A. Profits will remain constant with an increase in total monetary sales if the total sales in units remains constant.
OB.
Profits may decline with an increase in total monetary sales if the sales mix shifts to sell more of the high
contribution margin product.
O C.
Profits will remain constant with a decrease in total monetary sales if the sales mix also remains constant.
O D. Profits may decline with an increase in total monetary sales if the sales mix shifts to sell more of the lower
contribution margin product.
Transcribed Image Text:Which of the following is a TRUE statement about sales mix? Select one: O A. Profits will remain constant with an increase in total monetary sales if the total sales in units remains constant. OB. Profits may decline with an increase in total monetary sales if the sales mix shifts to sell more of the high contribution margin product. O C. Profits will remain constant with a decrease in total monetary sales if the sales mix also remains constant. O D. Profits may decline with an increase in total monetary sales if the sales mix shifts to sell more of the lower contribution margin product.
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