Question: 19.66 The CVP income statement classifies costs as variable or fixed and computes gross profit. as variable or fixed and computes contribution margin. by function

19.66

computes gross profit. as variable or fixed and computes contribution margin. by

The CVP income statement classifies costs as variable or fixed and computes gross profit. as variable or fixed and computes contribution margin. by function and computes a gross profit. by function and computes a contribution margin. If contribution margin is $110000, sales revenue is $440000, and net income is $90000, then variable and fixed expenses are Variable Fixed $330000$20000 $20000$330000 $90000$350000 $550000$350000

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