Which of the following statements about margin of safety is false? If the variable cost per unit decreases but the number of units sold, unit selling price and total fixed cost are all constant, the margin of safety increases. O b. none of the given answers is false. Oc. Margin of safety measures the difference between budgeted revenues and breakeven revenues. Od Ifonly the fixed costs decrease but the number of units sold and unit selling price and unit variable cost are all constant, the margin of safety decreases. Oe. If only the fixed costs increase but the number of units sold and unit selling price and unit variab e cost are all constant, the margin of safety decreases

Which of the following statements about margin of safety is false? If the variable cost per unit decreases but the number of units sold, unit selling price and total fixed cost are all constant, the margin of safety increases. O b. none of the given answers is false. Oc. Margin of safety measures the difference between budgeted revenues and breakeven revenues. Od Ifonly the fixed costs decrease but the number of units sold and unit selling price and unit variable cost are all constant, the margin of safety decreases. Oe. If only the fixed costs increase but the number of units sold and unit selling price and unit variab e cost are all constant, the margin of safety decreases

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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