Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following statements is true? i. if

Which of the following statements is true? I. If fixed expenses increase by $10,000...

50.1K

Verified Solution

Question

Accounting

Which of the following statements is true?

I. If fixed expenses increase by $10,000 per year, then the sales needed to break even will generally increase by more than $10,000.

II. The break-even point in units can be obtained by dividing total fixed expenses by the unit contribution margin.

III. An increase in the number of units sold will decrease a company's break-even point.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Light emitting diode (LED) light bulbs have become required in recent years, but do they make...

Biology
1.2K views

Small populations of flies that had three genotypes/phenotypes for eye color (red,orange, and white) were observed...

Mechanical Engineering
1.2K views

Uniform internal heat generation at  q˙⁢ = 2.00 × 107 W/m3 is occurring in a cylindrical nuclear...

Biology
1.2K views

Chloroplasts produce sugar and carbon dioxide through photosynthesis.TrueFalse

Basic Math
1.2K views

Find the radius of the circle in the figure to the right 3 5 19t

Statistics
1.2K views

Many people now turn to the Internet to get information on health related topics A...

Accounting
1.2K views

Problem 23-2A Preparing and analyzing a flexible budget performance report LO P1, P2, A1 Phoenix...

Accounting
1.2K views

WED Corporation issued 350,000 shares of $ 4 par value stock. The book value of...

Accounting
1.2K views

Entries for Issuing Stock On January 22, Zentric Corporation issued for cash 160,000 shares...

Accounting
1.2K views

Required information [The following information applies to the questions displayed below.] Ramort Company reports the...

Accounting
1.2K views

Cash Budget The controller of Bridgeport Housewares Inc. instructs you to prepare a monthly cash...

Accounting
1.2K views

Entries for notes payable Bull City Industries is considering issuing a $100,000, 7% note to...