On an income statement prepared using variable costing, to calculate contribution margin, a company will subtract what from sales?   Question options:   a)  variable manufacturing costs.   b)  variable manufacturing and operating costs.   c)  variable cost of goods sold.   d)  cost of goods sold.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 16MC: Break-even for a multiple product firm. can be calculated by dividing total fixed costs by the...
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On an income statement prepared using variable costing, to calculate contribution margin, a company will subtract what from sales?

 

Question options:

 

a) 

variable manufacturing costs.
 

b) 

variable manufacturing and operating costs.
 

c) 

variable cost of goods sold.
 

d) 

cost of goods sold.
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