East Company Has the Following Budgeted Cost and Revenue Data

question 238

Multiple Choice

East Company has the following budgeted cost and revenue data:
-A 10% increase in fixed expense would result in:

• A)a 10% decrease in net operating income.
• B)a $14,000 increase in total contribution margin.
• C)an increase in the margin of safety.
• D)an increase in the break-even point.

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Definitions:

Dinoflagellates

A group of protists characterized by their two beating flagella, some of which are photosynthetic, while others can cause red tides.

Euglenoids

A diverse group of unicellular flagellate protists, often found in fresh water, and characterized by the presence of a pellicle, chloroplasts for photosynthesis, and a unique method of motility.

DNA Evidence

Genetic material used in courts or investigations to prove the presence or absence of an individual at a crime scene, or to establish paternity or other relationships.

Protists

The group of eukaryotic organisms that are not a plant, fungus, or animal. Protists are generally a microscopic, complex single cell; they evolved before other types of eukaryotes in the history of Earth.