Which of the following items are subtracted from net sales to arrive at contribution margin ? a.
Question:
Which of the following items are subtracted from net sales to arrive at contribution margin?
a. Fixed administrative expenses
b. Variable administrative expenses
c. Fixed manufacturing costs
d. Variable cost of goods sold
e. Fixed selling expenses
f. Variable selling expenses
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...
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Related Book For 
College Accounting Chapters 1-30
ISBN: 978-1259631115
15th edition
Authors: John Price, M. David Haddock, Michael Farina
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