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In a contribution income statement: All fixed costs are grouped-(Answered)

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In a contribution income statement:


All fixed costs are grouped together and subtracted from gross profit


Net income plus all fixed expenses equal the contribution margin


The contribution margin is computed as the difference between sales revenue and fixed costs


The gross margin is computed as the difference between sales revenue and the cost of goods sold

 

Paper#9257520 | Written in 27-Jul-2016

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