Question: The difference between total sales in dollars and total variable costs is called: Multiple Choice operating profit. the contribution margin. the gross margin. net profit.

The difference between total sales in dollars and total variable costs is called:
Multiple Choice
operating profit.
the contribution margin.
the gross margin.
net profit.

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!

Q:

The difference between total sales in dollars and total variable costs is called: Multiple Choice operating profit. net profit. the gross margin. the contribution margin.

Q:

The difference between total sales in dollars and total variable costs is called: Multiple Choice net profit. operating profit. the contribution margin. the gross margin.

Q:

The difference between total sales in dollars and total vanlable costs is called: Multiple Choice es the gross margin. the conuribution margin. operating profic net profit.

Q:

1.Fixed manufacturing overhead is included in product costs under: A. Option A B. Option B C. Option C D. Option D 2. When will both the Absorption Costing Method and the Variable Costing Method...

Q:

1.Fixed manufacturing overhead is included in product costs under: Absorption costing Variable costing A) Yes Yes B) No No C No Yes D) Yes No A. Option A B. Option B C. Optionc D. Option D 2. When...

Q:

1.) Both total revenues (TR) and total costs (TC) are likely to be affected by changes in the output. True or False 2.) Profit is the unit contribution margin multiplied by the number of units minus...

Q:

40. The difference between total sales in dollars and total variable costs is called: A) the contribution margin. B) operating profit. C) the gross margin. D) net profit. 43. The contribution margin...

Q:

ered materials of lower quality in an effort 22. The purchasing agent of the Charlton Company ord variance. The lower quality In this proved to be unsuitable on the production line and resulted in...

Q:

The difference between total sales in dollars and total variable costs is called: Group of answer choices: operating profit. net profit. the gross margin. the contribution margin.

Q:

For the next 3 questions (026-028) terprises has budgeted sales in units for the next five months as follows: June July August September ctober3,800 units m4,600 units 7,200 units 5,400 units 6,800...

Q:

Praw the shear force and bending moment diagrams for the loaded beam shown below. k= 56 kN (K) kN (K) kN to 2 m 2 m 2 m B A

Q:

Given the balanced equation: 4 Cu + O2 --> 2 Cu20 Molar masses (g/mol): Cu = 63.55; O2 = 32.00; Cu20 = 143.09 A) How many grams of Cu2O can be produced when 28 g of Cu is used in a reaction? B)...

Q:

An optimal forecast made using rational expectations provides a certain rate of return for a stock. When new information directs to a lower forecast price for the stock . . . . Group of answer...

Q:

a=2 b= 0 c= 2 d=0 e=0 f=9 g=3 5. Draw the Network diagram for the following project. Estimate the Earliest start time and Latest finish time for each activity. If every day it cost 200 rials for this...