:All of the following represents a cost-volume-profit relationship except Profit = total contribution margin -fixed expenses a O Sales = total expenses + profit b O Total contribution margin + variable expenses = variable expenses + fixed expenses+ profit .c O Sales - variable expenses - profit = fixed expenses .d O %3D Sales - Variable expenses = fixed expenses- profit .e O %3D

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 1MC: The amount of a units sales price that helps to cover fixed expenses is its ____________________. A....
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:All of the following represents a cost-volume-profit relationship except
Profit = total contribution margin - fixed expenses
.a O
Sales = total expenses + profit .b O
Total contribution margin + variable expenses = variable expenses + fixed expenses + profit .c O
Sales - variable expenses - profit = fixed expenses .d O
Sales - Variable expenses = fixed expenses- profit .e O
%3D
Transcribed Image Text::All of the following represents a cost-volume-profit relationship except Profit = total contribution margin - fixed expenses .a O Sales = total expenses + profit .b O Total contribution margin + variable expenses = variable expenses + fixed expenses + profit .c O Sales - variable expenses - profit = fixed expenses .d O Sales - Variable expenses = fixed expenses- profit .e O %3D
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