ACC 561 Week 4 Wileyplus Practice Quiz - 95299

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ACC 561 Week 4 Wileyplus Practice Quiz 1. A variable cost is a cost that 2. An increase in the level of activity will have the following effects on unit costs for variable and fixed costs: 3. A fixed cost is a cost which 4. Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $14 of variable costs to make. During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?
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1. A variable cost is