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Contribution margin is known as (a). Marginal income (b). Gross profit (c). Net income (d). Net profit

Question:

Contribution margin is known as 

(a). Marginal income 

(b). Gross profit 

(c). Net income 

(d). Net profit

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a Marginal income Contribution margin is not the same as gross profit Let me explain the concept of …View the full answer


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Related Book For  answer-question
Cost Accounting

Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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Question Details
Chapter # 16- MARGINAL (VARIABLE) COSTING..
Section: Self Evaluation Questions
Problem: 8
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Question Posted: September 07, 2023 12:49:53
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