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8. Which of the following statements is false? A)Variable cost is the ratio of contribution rate to sales. B) Lower food cost percent will lead
8. Which of the following statements is false? A)Variable cost is the ratio of contribution rate to sales. B) Lower food cost percent will lead to increased profits. C)Dollar volume required to break even in a particular period can be calculated if one knows the period fixed costs, the average selling prices, the number of customers served in that period and the contribution rate.
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