Question: Which statement below is correct? A. contribution margin equals to the operating profit even if there are some fixed costs in the production B. Cost
Which statement below is correct?
A. contribution margin equals to the operating profit even if there are some fixed costs in the production
B. Cost of Goods Sold account has an expense nature which is part of the income statement
C. sugar consumption is a fixed cost in the production of cakes and candies
D. if a cost remains unchanged in a certain time period despite changes in total output, it is called a direct cost
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
