Question: operating income using the contribution margin format income statement is calculated as: A. Revenue - variable expenses = contribution margin- fixed expenses. B. Revenue -

operating income using the contribution margin format income statement is calculated as:
A. Revenue - variable expenses = contribution margin- fixed expenses.
B. Revenue - variable expenses = gross profit - fixed expenses.
C. Revenue - costs of goods sold = contribution margin - fixed expenses.
D. Revenue - costs of goods sold = contribution margin - operating expenses.

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