Which of the following statements is not true concerning the segmented contribution margin statement?
A)The contribution margin statement may be organized by product.
B)The statement begins with sales volume and revenue.
C)The statement does not present cost of goods sold.
D)Variable and fixed costs are shown separately.
E)All of the above statements are true.

Question

Quizplus · Accepted Answer

The segmented contribution margin statement does present cost of goods sold along with variable and fixed costs for each product or segment. Therefore, statement C is not true.

Which of the Following Statements Is Not True Concerning the Segmented