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true or false Choose TRUE or FALSE as applicable next to each of the following items as they pertain to CVP calculations. To calculate target
true or false
Choose TRUE or FALSE as applicable next to each of the following items as they pertain to CVP calculations. To calculate target sales UNITS, the contribution margin RATIO should be used instead of the contribution margin PER UNIT. To calculate target sales DOLLARS, the contribution margin PER UNIT should be used instead of the contribution margin RATIO. To calculate target sales dollars, target profit should be subtracted from fixed costs. Variable costs equal zero at the breakeven point. On a CVP graph, profit occurs at any level of volume where the total revenue line lies above the total cost line. On a CVP graph, profit occurs at any level of volume where the total revenue line lies above the fixed cost line Step by Step Solution
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