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Which of the following statements is TRUE when it comes to the contribution format income statement and the breakeven equations? Total variable costs divided by
Which of the following statements is TRUE when it comes to the contribution format income statement and the breakeven equations? Total variable costs divided by the contribution margin per unit equals the breakeven point in sales dollars. Sales revenue equals the total foxed costs at the breakeven point. Total fixed costs divided by the contribution margin per unit equals the breakeven point in sales dollars. Contribution margin per unit is the selling price per unit subtract the variable cost per unit. The net operating income is below zero when operating at the breakeven point
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