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If the contribution margin is not sufficient to cover fixed expenses: Multiple Choice contribution margin is negative. total profit equals total expenses. variable expenses
If the contribution margin is not sufficient to cover fixed expenses: Multiple Choice contribution margin is negative. total profit equals total expenses. variable expenses equal contribution margin. a loss occurs.
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Cornerstones of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
2nd edition
1111824401, 978-1111824402
