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QUESTION 7 Contribution margin is equal to fixed costs at the break-even point. O True O False QUESTION B What component of the profit
QUESTION 7 Contribution margin is equal to fixed costs at the break-even point. O True O False QUESTION B What component of the profit equation should be set equal to zero to find the breakeven point? Total sales revenue O Total variable costs O Total fixed costs O Profit QUESTION 9 On a CVP graph, the break-even point is the point at which the contribution margin line crosses the total cost line. O True O False QUESTION 10
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