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50. Which of the following is true regarding income using a traditional income statement and income using a contribution margin format income statement? A. Income

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50. Which of the following is true regarding income using a traditional income statement and income using a contribution margin format income statement? A. Income is greater under contribution margin format because it uses fixed and variable costs. B. The income is equal under both statements. C. Income is greater under the traditional format because it uses product and period costs. D. The contribution margin format statement is more accurate. 50. Which of the following is true regarding income using a traditional income statement and income using a contribution margin format income statement? A. Income is greater under contribution margin format because it uses fixed and variable costs. B. The income is equal under both statements. C. Income is greater under the traditional format because it uses product and period costs. D. The contribution margin format statement is more accurate

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