Question: Under variable costing, Gross Profit is equal to: Select one: A. Sales - Variable Costs B. Contribution Margin - Fixed Costs C. Sales - Variable

Under variable costing, Gross Profit is equal to: Select one: A. Sales - Variable Costs B. Contribution Margin - Fixed Costs C. Sales - Variable Costs - Fixed Costs D. Variable costing does not calculate Gross Profit E. Sales - Fixed Costs

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