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A company has fixed costs of $900 and a per-unit contribution margin of $3. Which of the following statement is (are) true? `Total contribution margin
A company has fixed costs of $900 and a per-unit contribution margin of $3. Which of the following statement is (are) true?
`Total contribution margin equals the sum of variable cost plus fixed cost.
`The situation described is not possible and there must be an error.
`Once the break-even point is reached, the company will increase income at the rate of $3 per unit.
`The firm will definitely lose money in this situation.
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