All fixed costs are listed ________ on a contribution margin income statement.
A)below the contribution margin line
B)above the gross profit line
C)above the contribution margin line
D)below the gross profit line

Question

Quizplus · Accepted Answer

Fixed costs are listed below the contribution margin line on a contribution margin income statement, as they are subtracted from the contribution margin to determine net operating income.

All Fixed Costs Are Listed ________ on a Contribution Margin