How Is the Contribution Margin Calculated When Utilizing Variable Costing

question 88

Multiple Choice

How is the contribution margin calculated when utilizing variable costing?

• A)Sales less variable cost of goods sold
• B)Sales less variable cost of goods sold,less variable selling and administrative expenses
• C)Sales less cost of goods sold
• D)Sales less variable cost of goods sold,less variable selling and administrative expenses,less fixed cost of goods sold,less fixed selling and administrative expenses

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Definitions:

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