Question: A manufacturing company's contribution margin equals: Sales revenue less variable cost of goods sold. Sales revenue less variable cost of goods sold and variable selling

A manufacturing company's contribution margin equals:
Sales revenue less variable cost of goods sold.
Sales revenue less variable cost of goods sold and variable selling and administrative expenses.
Sles revenue less variable manufacturing costs.
Sales revenue less all variable and fixed operating costs.
A manufacturing company's contribution margin equals: Sales revenue less variable cost

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