On a contribution margin income statement,all variable costs are listed:
A)above the contribution margin line.
B)above the gross profit line.
C)below the contribution margin line.
D)below the gross profit line.

Question

Quizplus · Accepted Answer

On a contribution margin income statement, all variable costs are listed above the contribution margin line, as they are subtracted from sales to calculate the contribution margin.

On a Contribution Margin Income Statement,all Variable Costs Are Listed