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  3. Study Set
    Cost Accounting Foundations and Evolutions
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    Exam 3: Predetermined Overhead Rates, Flexible Budgets, and Absorptionvariable Costing
  5. Question
    On the Variable Costing Income Statement,the Difference Between the "Contribution
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On the Variable Costing Income Statement,the Difference Between the "Contribution

Question 70

Question 70

Multiple Choice

On the variable costing income statement,the difference between the "contribution margin" and "income before income taxes" is equal to


A) the total variable costs.
B) the Cost of Goods Sold.
C) total fixed costs.
D) the gross margin.

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