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  3. Study Set
    Fundamental Managerial Accounting Concepts Study Set 1
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    Exam 2: Cost Behavior, operating Leverage, and Profitability Analysis
  5. Question
    The Excess of Revenue Over Variable Costs Is Referred to As
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The Excess of Revenue Over Variable Costs Is Referred to As

Question 47

Question 47

Multiple Choice

The excess of revenue over variable costs is referred to as:


A) gross profit
B) gross margin
C) contribution margin
D) manufacturing margin

Correct Answer:

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