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which of the following statments is true A- Sales + Variable expenses= contribution margin B Contrubution margin - fixed expenses= net operating income C= sales-contribution

which of the following statments is true

A- Sales + Variable expenses= contribution margin

B Contrubution margin - fixed expenses= net operating income

C= sales-contribution margin= net operating income

D contribution margin + net operating income= sales

QUESTION 2

Which of the following statments is false

A The break even point is the level of sales at which the total sales dollar amount equals the total fixed cost

B margin of safetly is the excess of budgetated or actual dollar sales over the break even point

C sales mixed refers to the relative proportions in whinch a company products are sold

D all false

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