Solved

All Other Things the Same, Which of the Following Would  Contribution Margin  Variable Costs \begin{array}{cc} & \text { Contribution Margin } & \text { Variable Costs } \\\end{array}

Question 99

Multiple Choice

All other things the same, which of the following would be true of the contribution margin and variable costs of a company with high fixed costs and low variable costs as compared to a company with low fixed costs and high variable costs?
 Contribution Margin  Variable Costs \begin{array}{cc} & \text { Contribution Margin } & \text { Variable Costs } \\\end{array}
A.  Higher  Higher \begin{array}{cc}&&& \text { Higher } &&&&&& \text { Higher } \\\end{array}
B.  Lower  Higher \begin{array}{cc}&&& \text { Lower } &&&&&& \text { Higher } \\\end{array}
C.  Higher  Lower \begin{array}{cc} &&&\text { Higher }&&&&&& \text { Lower } \\\end{array}
D.  Lower  Lower \begin{array}{cc} &&& \text { Lower } &&&&&& \text { Lower } \\\end{array}


A) Option A
B) Option B
C) Option C
D) Option D

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents