Contribution margin is equal to a. Sales - Fixed expenses b. Sales - Selling expenses c. Sales - Admin. expenses d. Sales - Variable expenses
Contribution margin is equal to a. Sales - Fixed expenses b. Sales - Selling expenses c. Sales - Admin. expenses d. Sales - Variable expenses
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 1MC: The amount of a units sales price that helps to cover fixed expenses is its ____________________. A....
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2. Contribution margin is equal to
a. Sales - Fixed expenses
b. Sales - Selling expenses
c. Sales - Admin. expenses
d. Sales - Variable expenses
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