If you want to test how an increase in percentage of cost of good sold affects the contribution margin, you would use ________.Scenario analysisEither sensitivity or scenario analysisSensitivity analysisA combination of sensitivity and scenario analysis

Contribution margin is calculated as:Question 4Select one:a.sales minus cost of goods soldb.sales minus total variable costsc.sales minus total variable manufacturing costsd.sales minus total variable manufacturing costs and total fixed manufacturing costs

A company is looking into increasing their margins on a product. Which variable(s) could be taken into consideration? A) Product Cost B) Product Retail Price C) Customer LocationSelect an answer:customer location onlyproduct retail price onlyproduct cost and product retail priceproduct cost only

Of the various factors in an operating margin, which one is the most difficult to change?Select an answer:variable costsproductivitycontribution marginfixed costs

The contribution margin ratio:Multiple ChoiceIs the percent of each sales dollar that remains after deducting the unit variable cost.Is the percent of each sales dollar that remains after deducting the unit fixed cost.Is the percent of each sales dollar that remains to cover the variable and fixed costs.Cannot be used in conjunction with other analytical tools.Is the same as the contribution margin per unit.

The contribution margin is calculated by subtracting:a.Variable costs from fixed costsb.Fixed costs from total costsc.Variable costs from sales revenued.Sales revenue from variable costs