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5) How is the contribution margin calculated when utilizing variable costing? -Sales less variable cost of goods sold -Sales less variable cost of goods sold,
5) How is the contribution margin calculated when utilizing variable costing?
-Sales less variable cost of goods sold
-Sales less variable cost of goods sold, less variable selling and administrative expenses
-Sales less cost of goods sold
-Sales less variable cost of goods sold, less variable selling and administrative expenses, less fixed cost of goods sold, less fixed selling and administrative expenses.
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