If a company is operating beyond its break-even point, sale of one more unit of product increases the company's profit by the amount of the unit contribution margin.
Answer the following statement true (T) or false (F)
True
Recall that each additional unit sold will increase profit by the contribution margin per unit. Once the fixed costs are covered at the break-even point, the sales of each additional unit will increase profit by an amount equal to the contribution margin per unit.
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Indicate whether the statement is true or false a. True b. False
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Answer the following statement true (T) or false (F)