On an income statement prepared using variable costing, variable operating expenses are deducted from ____________ to get ________________.
A)sales, contribution margin.
B)contribution margin, operating income.
C)cost of goods sold, contribution margin.
D)sales, gross margin.

Question

Quizplus · Accepted Answer

In variable costing, variable operating expenses are deducted from sales to calculate the contribution margin.

On an Income Statement Prepared Using Variable Costing, Variable Operating