Question: Select all that apply A variable costing income statement focuses on fixed and variable expenses, while an absorption costing income statement focuses on period and

Select all that apply A variable costing income statement focuses on fixed and variable expenses, while an absorption costing income statement focuses on period and product costs does not include fixed manufacturing overhead, which is included on an absorption costing income statement is constructed exactly like an absorption costing income statement calculates contribution margin while the absorption costing income statement calculates gross margin

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