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Which of the following statements concerning contribution margin income statements is TRUE? On...

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Accounting

Which of the following statements concerning contribution margin income statements is TRUE?

  • On a contribution margin income statement, variable costs will include only product costs.

  • On a contribution margin income statement, variable costs will include both product and period costs.

  • On a contribution margin income statement, fixed costs will include only period costs.

  • On a contribution margin income statement, variable costs will include only period costs.

  • I DON'T KNOW YET

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