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Which of the following statements is false? A) Contribution margin ratio is computed by dividing total sales by total contribution margin B) Break-even point is
Which of the following statements is false?
A) | Contribution margin ratio is computed by dividing total sales by total contribution margin | |
B) | Break-even point is the level of sales at which profit is zero | |
C) | The margin of safety is the difference between the total budgeted or actual sales dollars of a period, and the break-even sales dollars | |
D) | None of the above |
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