Which of the following does NOT appear on an income statement prepared using variable costing?
A)Gross margin
B)Contribution margin
C)Fixed production costs
D)Variable production costs

Name: Which of the following does NOT appear on an income statement prepared using variable costing? A)Gross margin B)Contribution margin C)Fixed production costs D)Variable production costs
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Question

Quizplus · Accepted Answer

Gross margin does not appear on an income statement prepared using variable costing; instead, the focus is on contribution margin.

Which of the Following Does NOT Appear on an Income