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Contribution margin is the amount of profit remaining after deducting cost of goods sold. True False If the activity level decreases, fixed costs per unit
Contribution margin is the amount of profit remaining after deducting cost of goods sold.
True
False
If the activity level decreases, fixed costs per unit will decrease
True
False
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Essentials Of Accounting
Authors: Leslie Breitner, Robert Anthony
11th Edition
0132744376, 978-0132744379
