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Contribution margin is the excess of sales over variable costs. O True O False Break-even is the point at which total sales equals total fixed

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Contribution margin is the excess of sales over variable costs. O True O False "Break-even" is the point at which total sales equals total fixed costs. True False Total costs for a company are usually composed of which of the following? Fixed and Variable Costs Fixed and Mixed Costs O Mixed and Variable Costs O None of the above

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