Fixed Indirect Production Costs Affect the Calculation of ________ on the Absorption

question 133

Multiple Choice

Fixed indirect production costs affect the calculation of ________ on the absorption income statement.Fixed indirect production costs do NOT affect the calculation of ________ on the contribution income statement.

• A) contribution margin; gross margin
• B) gross margin; contribution margin
• C) operating income; gross margin
• D) contribution margin; operating income

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Definitions:

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