Net income will be: Greater if more higher-contribution margin units are sold than lower-contribution margin units. Greater if more lower-contribution margin units are sold than higher-contribution margin units. Equal as long as total sales remain equal, regardless of which products are sold. O Unaffected by changes in the mix of products sold. None of the above.

Definition Definition Process by which financial information is analyzed, interpreted, and communicated to managers to support the achievement of an organization's goals. The main objective of managerial accounting is to maximize profits and minimize losses.