40.doc - 1.Dividing total fixed costs by the contribution margin ratio yields break-even point in units. ANS: F DIF: Easy OBJ: 9-2 2. After the

1.Dividing total fixed costs by the contribution margin ratio yields break-even point in units.DIF:EasyOBJ:9-2

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2.After the break-even point is reached, each dollar ofJmargin is a dollar of before-tax profit.DIF:EasyOBJ:9-3

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3.After the break-even point is reached, each dollar of contribution margin is a dollar of after-tax profit.DIF:EasyOBJ:9-3

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4.When using CVP analysis to determine sales level for a desired amount of profit, the profit is treated as

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40.doc - 1.Dividing total fixed costs by the contribution...