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    Cost Accounting
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    Exam 3: Cost-Volume-Profit Analysis
  5. Question
    Gross Margin Is ________
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Gross Margin Is ________

Question 93

Question 93

Multiple Choice

Gross margin is ________.


A) sales revenue less variable costs
B) sales revenue less cost of goods sold
C) contribution margin less fixed costs
D) contribution margin less variable costs

Correct Answer:

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