Subject: Accounting Simplification of all costs into only fixed and variable costs distorts the actual cost behavior

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Subject: Accounting

Simplification of all costs into only fixed and variable costs distorts the actual cost behavior pattern of a firm.Yet businesses rely on this method of cost classification.

How does the total contribution margin (unit contribution margin x total number of units sold) differ from the gross margin often seen on companies' financial statements?

Posted Date: Jun 13, 2024 03:26 PM

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Subject: Accounting Simplification of all costs into only fixed and variable costs distorts the actual cost behavior

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