All other things the same, which of the following would be true of the contribution margin and variable expenses of a company with high fixed costs and low variable costs as compared to a company with low fixed costs and high variable costs?
a. The contribution margin of the company with high fixed costs and low variable expenses would be lower than the contribution margin of the company with low fixed costs and high variable expenses.
b. The variable expenses of the company with high fixed costs and low variable expenses would be lower than the variable expenses of the company with low fixed costs and high variable expenses.
c. The contribution margin ratio of the company with high fixed costs and low variable expenses would be higher than the contribution margin ratio of the company with low fixed costs and high variable expenses.
d. The breakeven point of the company with high fixed costs and low variable expenses would be higher than the breakeven point of the company with low fixed costs and high variable expenses.