In the Contribution Margin Analysis,the Effect of a Change in the Number

question 104

Multiple Choice

In the contribution margin analysis,the effect of a change in the number of units sold,assuming no change in unit sales price or unit cost,is referred to as the:

• A) sales factor
• B) cost of goods sold factor
• C) quantity factor
• D) price factor

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Definitions:

Scatter Plot

A diagram that shows the relationship between two variables by displaying points on a two-dimensional plot. Usually the two variables are denoted x and y, each point represents a pair of scores, and the x variable is plotted on the horizontal axis while the y variable is plotted on the vertical axis.

Upward Slope

A term that can be used metaphorically to describe a situation or trend that is improving or increasing over time.

Replication

Doing a study again to see if the results hold up. Replications are especially persuasive when done by different researchers in different labs than the original study.

Stability of Results

The consistency of outcomes or findings over time in experiments, studies, or measurements, indicating reliability.