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QUESTION 1 5 points At the break-even point, O total revenue equals variable cost. total fixed cost equals variable cost. total contribution margin equals total
QUESTION 1 5 points At the break-even point, O total revenue equals variable cost. total fixed cost equals variable cost. total contribution margin equals total fixed cost. total sales equals total fixed cost. total margin of safety equals variable cost. 5 points Save QUESTION 2 Dirth Company sells only one product at a regular price of $7.50 per unit. Variable expenses are 60% of sales and fixed expenses are $30,000. Management has decided to decrease the selling price to $6.00 in hopes of increasing its volume of sales. What is the contribution margin ratio when the selling price is reduced to $6 per unit? 25% 40% 7596 OO O 60%
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