The view that regionalization, rather than globalization, will prevail in the future is largely based on the use of common languages among countries in a region

Antoine rents rooms in his hotel for an average of $100 per night. The variable cost per rented room is $20, to cover maid service and utilities. His fixed costs are $100,000 and his profit last year was $20,000. For Antoine, the contribution per unit is

A. $100 B. $40 C. $800 D. $1,000 E. $80

Favorable variances are contra expenses and therefore decrease Cost of Goods Sold

Indicate whether the statement is true or false