Question: 16. Contribution less Variable Costin Profit True False 17. Contribution less Fixed Cost is Profit True False 18. In Contribution Margin Format, Fixed cost is

16. Contribution less Variable Costin Profit True False 17. Contribution less Fixed Cost is Profit True False 18. In Contribution Margin Format, Fixed cost is expensed as a period cost without being assigned to the products. True False

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