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'Contribution' in costing terms is best described as the amount by which: 1. Sales revenue exceeds all fixed and variable costs. 2. Sales revenue exceeds

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'Contribution' in costing terms is best described as the amount by which: 1. Sales revenue exceeds all fixed and variable costs. 2. Sales revenue exceeds all fixed costs. 3. Sales revenue exceeds variable production costs. 4. Sales revenue exceeds variable production and variable marketing costs

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