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26. What percentage of the contribution margin is profit on units sold in excess of the breakeven point? A) It's 50% to the contribution margin
26. What percentage of the contribution margin is profit on units sold in excess of the breakeven point? A) It's 50% to the contribution margin ratio. B) It's equal to the variable cost ratio. C) It's equal of the gross profit ratio. D) It's 100%
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Fundamental Managerial Accounting Concepts
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Old
7th edition
978-0077632427, 77632427, 78025656, 978-0078025655
