When a manufacturer prepares a contribution margin income statement,Cost of Goods Sold is always a variable cost.

Name: When a manufacturer prepares a contribution margin income statement,Cost of Goods Sold is always a variable cost.
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Quizplus · Accepted Answer

While Cost of Goods Sold can include variable costs, it can also include fixed costs such as depreciation and rent for production facilities. Therefore, it is not always a variable cost.

When a Manufacturer Prepares a Contribution Margin Income Statement,Cost of Goods