1. If a company is operating at the break-even point: (Points : 2) ÿÿÿÿÿÿits contribution margin will be equal to its variable expenses. ÿÿÿÿÿÿits margin of safety will be equal to zero. ÿÿÿÿÿÿits fixed expenses will be equal to its variable expenses. ÿÿÿÿÿÿits selling price will be equal to its variable expense per unit.

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