1.)The contribution margin ratio increases when
A. variable costs as a percentage of sales decrease.
B. fixed costs increase.
C. variable costs as a percentage of sales increase.
D. fixed costs decrease.
2.)A shift from low-margin sales to high-margin sales
A. may increase net income, even though there is a decline in total units sold.
B. will always decrease net income.
C. will always decrease units sold.
D. will always increase net income.