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Choose the one alternative that best completes the statement or answers the question.
-Given , which of the following statements is false?
Buy Total Cost
The total expense incurred to purchase an item or service, including the purchase price and any additional fees or expenses.
Variable Expenses
Costs that vary in total in direct proportion to changes in business activity levels or volumes, such as sales commissions or raw material costs.
Contribution Margin
The difference between the sales revenue of a product and its variable costs, providing insight into how much revenue contributes towards fixed costs and profit.
Fixed Expenses
Costs that do not fluctuate with the volume of production or sales, such as rent, salaries, and insurance.
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