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The equation to do CVP analysis is written as O Revenue - Fixed Costs = Contribution Margin - Variable Cost = Operating Income/Profit O Revenue
The equation to do CVP analysis is written as O Revenue - Fixed Costs = Contribution Margin - Variable Cost = Operating Income/Profit O Revenue - Contribution Margin = Fixed Costs - Variable Cost = Operating Income/Profit Revenue - Variable costs - Contribution Margin - Fixed Costs = Operating Income/Profit None of the above Your company delivers pizza. Currently you rent one car a month at a cost of $800 per month. With this one car you can deliver 200 pizzas a day- anything over that and you will have to rent another car. In this case, O to 200 pizzas per day is termed a O fixed cost O variable cost relevant range for 1 car delivering pizza O none of the above
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