Question The contribution margin equals? a) Sales minus variable costs b) Sales minus fixed costs c) Sales minus total costs d) Gross profit minus operating expenses
Question The contribution margin equals? a) Sales minus variable costs b) Sales minus fixed costs c) Sales minus total costs d) Gross profit minus operating expenses
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter7: Variable Costing For Management
analysis
Section: Chapter Questions
Problem 10E
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The contribution margin equals?
a) Sales minus variable costs
b) Sales minus fixed costs
c) Sales minus total costs
d) Gross profit minus operating expenses"
Transcribed Image Text:Question
The contribution margin equals?
a) Sales minus variable costs
b) Sales minus fixed costs
c) Sales minus total costs
d) Gross profit minus operating expenses
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