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What Does the Term "Breakeven Point" Mean

Question 19

Multiple Choice

What does the term "breakeven point" mean?


A) The level of sales in which total contribution margin equals total fixed costs.
B) The point in which total variable costs equal total fixed costs.
C) The level of sales in which total contribution margin is zero.
D) The point in which total sales equal total contribution margin.
E) The point in which total sales equal total fixed costs.

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