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1) There are three fundamental cost/volume / profit (CVP) relationships.Which of the following is not one of these?a) Contribution = total cost variable costsb)

image text in transcribed 1) There are three fundamental cost/volume / profit (CVP) relationships.Which of the following is not one of these?a) Contribution = total cost — variable costsb) Contribution = Sales— variable costsc) Total costs = variable costs + fixed costs01) Profit = total revenue — total costs

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