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1)Which of the following is a characteristic of a contribution income statement? a)Fixed and variable expenses are combined as one line b)Fixed expenses are listed
1)Which of the following is a characteristic of a contribution income statement?
a)Fixed and variable expenses are combined as one line
b)Fixed expenses are listed separately from variable expenses
c)Fixed and variable manufacturing cost are combined as one -line item, but fixed operating expenses are shown separately from variable operating expenses
d)Fixed and variable operating expenses are combined as one line item, but fixed manufacturing expenses are shown separately from variable manufacturing expenses
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