Complete the Statement,using the Following Terms: Increase,decrease,or Have No Effect

question 43

Essay

Complete the statement,using the following terms: increase,decrease,or have no effect on.
Increases in variable costs per unit ________ contribution margin per unit and ________ the breakeven point.

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Definitions:

Priority

The status of being regarded or treated as more important than other matters.

Purchase Money Security Interest

A security interest that is (1) taken or retained by the seller of collateral to secure all or part of its purchase price or (2) taken by a debtor to acquire rights in or the use of the collateral if the value is so used.

Inventory Collateral

Assets from a company's inventory that are pledged to secure a loan.

Notification

The act of formally or officially informing someone about a fact, condition, or event.