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Which of the following statements is true? I. If fixed expenses increase by $10,000 per year, then the sales needed to break even will generally
Which of the following statements is true?
I. If fixed expenses increase by $10,000 per year, then the sales needed to break even will generally increase by more than $10,000.
II. The break-even point in units can be obtained by dividing total fixed expenses by the unit contribution margin.
III. An increase in the number of units sold will decrease a company's break-even point.
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