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Which of thfollowing statements is FALSE?
Contribution Margin
The amount remaining from sales revenue after variable expenses are deducted, contributing to covering fixed costs and generating profit.
Machine Hours
A measure of production time, corresponding to the total hours that machines are in operation.
Controllable
Costs or factors that can be adjusted or influenced by the actions of a company or individual within a particular timeframe.
Direct Materials
Essential substances or components specifically allocated to the creation of a product, identifiable in the final product.
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