What ef budgeted contribution per unit would

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EF is preparing its budget for next year. Variable costs per unit are budgeted to be 60% of selling price. Fixed costs are budgeted to be 10% of total sales value.

Problem 1: If EF increases its budgeted selling price by 10% and budgeted variable costs, budgeted fixed costs and budgeted sales volume remains unchanged, EF's budgeted contribution per unit would:

Select one:

A. Decrease by 2%

B. Increase by 5%

C. Increase by 10%

D. Increase by 25%

Reference no: EM132961076

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