On the income statement,the contribution margin is computed using variable manufacturing costs and variable selling and administrative costs.

Name: On the income statement,the contribution margin is computed using variable manufacturing costs and variable selling and administrative costs.
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Question

Quizplus · Accepted Answer

The contribution margin is calculated by subtracting total variable costs (including both variable manufacturing costs and variable selling and administrative costs) from total revenues.

On the Income Statement,the Contribution Margin Is Computed Using Variable