Question

QUESTION 37 The ratio of fixed expenses to the contribution margin ratio is the indifference point break-even point in units. fixed cost ratio. break-even point in sales. sensitivity analysis. QUESTION 38 If the contribution margin ratio increases, the break-even point in sales dollars will double. remain the same. increase. decrease. to cane all answers.

please answer all 4 multiple choice questions

Answer 1

37.
Answer is d. Break even point in sales
Break Even point in sales = Fixed Expenses / Contribution Margin ratio

38.
Answer is d. decrease
If contribution margin ratio increases, break even sales decreases since there will be higher contribution margin from sales to cover fixed expenses

35.
Answer is b. at the beginning of the year

36.
Answer is c. Work in Process and Finished Goods
When job is completed but not sold, cost is transferred from Work in Process to Finished Goods