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18. What are costs that have characteristics of both a variable and fixed costs? 19. How is contribution margin calculated? 20. What method of determining

18. What are costs that have characteristics of both a variable and fixed costs?

19. How is contribution margin calculated?

20. What method of determining operating income is required under GAAP for financial statement distribution to external users?

21. What method of determining operating income is used internally for decision making and considers fixed factory overhead a period expense?

No data is required to answer questions. Looking for names of different methods as well as Contribution margin formula.

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