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Consider the following statements: 1) Fixed cost total remains the same irrespective of the volume of activity (i.e producing more units) until full capacity is

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Consider the following statements: 1) Fixed cost total remains the same irrespective of the volume of activity (i.e producing more units) until full capacity is reached. 2) Break-even point is when total sales revenue equals to fixed cost only. O 1- false 2 - false O 1-false 2-true O 1- true 2 - false O 1- true 2 - true

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