A major reason for using the contribution format income statement is that
A)it separates variable and fixed cost components.
B)it increases information available to management.
C)it allows management to establish what sales level is necessary to cover fixed costs.
D)it indicates the sales mix of the company's products or services.

Question

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The Answer of A major reason for using the contribution format income statement is that
A)it separates variable and fixed cost components.
B)it increases information available to management.
C)it allows management to establish what sales level is necessary to cover fixed costs.
D)it indicates the sales mix of the company's products or services.

A Major Reason for Using the Contribution Format Income Statement