The contribution margin is the a. amount by which sales exceed fixed costs. b. difference between sales
Question:
The contribution margin is the
a. amount by which sales exceed fixed costs.
b. difference between sales and total expenses.
c. difference between sales and operating income.
d. difference between sales and total variable expense.
e. difference between variable expense and fixed expense.
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Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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