Question: Which statement is true for a manufacturer? a. It cannot use the contribution-margin format of the income statement. b. Many costs vary with production activities,
Which statement is true for a manufacturer? a. It cannot use the contribution-margin format of the income statement. b. Many costs vary with production activities, not with sales. c. The concepts of fixed and variable costs do not apply. d. Cost-volume-profit analysis is not appropriate. 19. Fixed costs that managers can change on short notice are a. value-adding costs. b. variable costs. c. unavoidable costs. d. discretionary costs
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