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In Preparing Contribution Margin Income Statements When Will the Total

Question 74

Multiple Choice

In preparing contribution margin income statements when will the total cost of goods sold be included as a variable cost?


A) It is always inculded for all businesses selling products.
B) When the business is a merchandising company.
C) When the business is a manufacturer.
D) The total cost of goods sold is never included in variable cost.

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