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University Of Arizona ATMO 005 Quiz 8 1)In Lemonade Tycoon, which one of the following would have no impact on the contributionmargin per unit?   a change in recipe B

Accounting Aug 02, 2021

University Of Arizona

ATMO 005

Quiz 8

1)In Lemonade Tycoon, which one of the following

would have no impact on the contributionmargin per unit?

 

    1. a change in recipe

B. a change in location

C. a change in price

D. buying supplies in bulk

E. all of the above would have no impact

 

 

  1. Which of the following would most likely improve a company’s net income?
    1. Decrease selling price

B. Increase fixed costs

C. Decrease volume

D. Increase variable cost per unit

E. None of the above

 

  1. Will of the following is not impacted by a change in volume?
    1. Total cost of direct materials

B. Total sales

C. Total fixed costs

D. Total cost of wages

 

  1. Which financial statement would let a company

know if it could afford to purchase someequipment right now?

    1. Statement of Retained Earnings

B. Income statement

C. Balance sheet

D. None of the above

 

  1. As fixed costs decrease, the break-even point
    1. would decrease.

B. would increase.

C. would not change.

 

 

 

 

 

 

 

 

 

 

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