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  3. contribution margin equals ________. select one:

Contribution margin equals ________. Select one: a. revenues minus product costs ...

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Question

Accounting

Contribution margin equals ________.

Select one:
a. revenues minus product costs
b. revenues minus fixed costs
c. revenues minus variable costs
d. revenues minus period costs

The equation which reflects a CVP income statement is

Select one:
a. Sales Variable costs Fixed costs = Net income
b. Sales = Cost of goods sold + Operating expenses + Net income.
c. Sales Variable costs + Fixed costs = Net income
d. Sales + Fixed costs = Variable costs + Net income

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