A Firm Presently Has Total Sales of $100,000

question 46

Multiple Choice

A firm presently has total sales of $100,000.If its sales rise,its

• A)net income based on variable costing will go up more than its net income based on absorption costing.
• B)net income based on absorption costing will go up more than its net income based on variable costing.
• C)fixed costs will also rise.
• D)per unit variable costs will rise.

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Definitions:

Skill Sets

The combination of skills, abilities, and experiences that a person possesses, which can vary widely across different professions or industries.

Solidarity Movement

A social or political movement that unites individuals or groups across divides to support a common cause, often associated with labor and human rights.

Justice for Janitors

A social movement and campaign initiated by the Service Employees International Union aimed at improving wages, working conditions, and recognition for janitors.

Social Movement Unionism

A form of unionism that ties labor rights to broader social issues, such as environmental justice, racial equality, and anti-globalization efforts.