Sample, Inc

question 33

Multiple Choice

Sample, Inc.determined its unit variable cost increased by 15%.Which one of the following will NOT increase as a direct result?

• A)total costs
• B)total variable costs
• C)contribution margin
• D)the break-even point

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Definitions:

Population

The defined group of individuals from which a sample is drawn.

Null Hypothesis

A hypothesis that states there is no statistical significance between the two variables being studied, essentially stating that any observed effect is due to chance.

Independent Variable

The variable in an experimental setting that is manipulated to observe its effect on a dependent variable.

Random Error

Variability in data that arises from unpredictable fluctuations in the measurement process.