Question: The formula used in a contribution margin income statement is: Multiple choice question. sales - fixed costs = contribution margin - variable costs = income

The formula used in a contribution margin income statement is:
Multiple choice question.
sales - fixed costs = contribution margin - variable costs = income
sales - variable costs = contribution margin - fixed costs = income
sales + variable costs = contribution margin + fixed costs = income
sales + fixed costs = contribution margin + variable costs = net income

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