Question: select all that are true about the difference between the internal (i.e., managerial) and external (i.e., financial) versions of an organization's income statement. A) Variable

select all that are true about the difference between the internal (i.e., managerial) and external (i.e., financial) versions of an organization's income statement.

A) Variable non-manufacturing costs are deductedfromgross margin and not from contribution margin.

B) Variable non-manufacturing costs are deductedfromcontribution margin and not from gross margin.

C) Fixed manufacturing costs are deductedfromcontribution margin and not from gross margin.

D) Variable manufacturing costs are deductedfromgross margin and not from contribution margin.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Check all that are true about the difference between the internal (i.e., managerial) and external (i.e., financial) versions of an organization's income statement. () Variable non-manufacturing costs...

Rieg, Robert, Zarzycka, Ewelina, & Dobroszek, Justyna. (2021). Determinants of separating management accounting from financial accounting in SMEs and Family Firms - evidence from Poland and Germany....

Part A: Choose the best answer for Questions 1-25 and record the appropriate letter on the Answer Sheet on the last page. 1) Management accounting A) helps managers make decisions. B) is useful for...

Question 1 Mastery Problem: Activity-Based Costing WoolCorp WoolCorp buys sheep's wool from farmers. The company began operations in January of this year, and is making decisions on product...

hello, need help with a accounting quiz I have attached: 1) quiz 2)pdf files CH. 18- CH 21 Chapter 18 \"Managerial Accounting Concepts/Job Costing\" from Accounting Principles: A Business...

Controller, Judy Koch, in a recent speech said, "I rarely see a real variable cost or a truly fixed cost." What did she mean? Include in your response an explanation of the difference in behavior of...

Hi Erylee88, I would like to utilize your service again. Same format different questions. Please find attached document for your review. Let me know. Thank you, Sam...

Each separate response must have approximately 200 words. Assignments vary widely; however, essays should be written in APA style, with in-text citations and a separate reference listing as...

Contrast the natural law school's definition of law with that of the positivist school.

Activity (Cost) Machine maintenance ($30e, ee0) Setups ($748, ee) Packing ($188,eee) Photo development ($392, eee) Cost Driver Deluxe Moderate 75e Economy 1,00e 20 Number of machine hours Number of...

Assuming a UK - based company, HGP purchased goods from a US supplier and HGP will make the payment in the next three months, totalling $ 2 0 0 , 0 0 0 . The company uses forward market rate to hedge...

Please provide step by step solution. key 113 names in indexing orders on cards and make sure you include the number of the name from the list. Key the name using the ARMA rules. James R. Larsen Bob...

2. Give an example where information that is emotionally interesting, specific and close in time and space, can be used to capture someones interest.

7. How can an interpreter influence the utterer (sender)?

9. Find a news article in a daily newspaper written by a journalist. How is this news article related to: (a) The writers expertise? (b) The context? (c) The personal characteristics of the writer?...