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    Cost Accounting
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    Exam 12: Absorption Versus Variable Costing
  5. Question
    Operating Income, Using Variable Costing, Is Contribution Margin Less
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Operating Income, Using Variable Costing, Is Contribution Margin Less

Question 39

Question 39

Multiple Choice

Operating income, using variable costing, is contribution margin less


A) cost of goods sold.
B) fixed manufacturing overhead and fixed operating expenses.
C) fixed and variable operating expenses.
D) fixed and variable manufacturing overhead.

Correct Answer:

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