ADM 2341 Study Guide - Final Guide: Sawmill, Contribution Margin, Supermarine S.5
11 Feb 2019
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Plan your time by 1. 8 minutes per point. All questions are to be answered in this examination paper. Do not remove any page from this paper. In order to receive all of the marks which you have earned, you must: Show the calculations that you have made in arriving at your answer (the calculations are an integral part of the grading scheme); S. 1. (2 points) a firm has a negative contribution margin per unit. To reach break-even, it must: increase the unit selling price increase the sales volume decrease the sales volume decrease fixed costs none of the above. S. 2. (1 point) if total contribution margin is decreased by a given amount, operating profit: remains unchanged decreases by the same amount decreases by more than the given amount increases by the same amount does none of the above. S. 3. (2 points) a company"s break-even point is increased by:
