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Select from the following the incorrect statement regarding contribution margin. A. At the breakeven point (where the company has neither profit nor loss), total fixed
Select from the following the incorrect statement regarding contribution margin.
A. At the breakeven point (where the company has neither profit nor loss), total fixed costs = total contribution margin
B. Net income + total fixed costs = contribution margin
C. Sales - fixed costs = contribution margin
D. Total sales revenue times the contribution margin percentage = total contribution margin
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