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26. The point where the profit line intersects the left vertical axis on the profit-volume chart represents? a. the maximum possible operating loss b. the
26. The point where the profit line intersects the left vertical axis on the profit-volume chart represents? a. the maximum possible operating loss b. the maximum possible operating income c. the total fixed costs d. the break-even point 28. The amount of income under absorption costing will be less than the amount of income under variable costing when units manufactured: a. exceed units sold b. equal units sold c. are less than units sold d. are equal to or greater than units sold
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