Question 4 All of the following represents a cost-volume-profit relationship except: a. Sales - variable expenses - profit = fixed expenses b. Total contribution margin + variable expenses = variable expenses + fixed expenses + pro C. Profit = total contribution margin + fixed expenses d. Sales – Variable expenses fixed expenses + profit e. Sales = total expenses + profit
Question 4 All of the following represents a cost-volume-profit relationship except: a. Sales - variable expenses - profit = fixed expenses b. Total contribution margin + variable expenses = variable expenses + fixed expenses + pro C. Profit = total contribution margin + fixed expenses d. Sales – Variable expenses fixed expenses + profit e. Sales = total expenses + profit
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter7: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 8MCQ: The contribution margin is the a. amount by which sales exceed total fixed cost. b. difference...
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