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Which of the following statements are correct regarding contribution margin? Select all that apply. Net income increases (or net loss decreases) by the amount of

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Which of the following statements are correct regarding contribution margin? Select all that apply. Net income increases (or net loss decreases) by the amount of the contribution margin per unit. Tells us how far sales could fall before the company begins operating at a loss. The net amount by which each sale exceeds the variable costs per unit. Contribution margin is calculated by subtracting fixed costs from sales dollars. Contribution margin is another name for gross profit

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