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    Cost Accounting Study Set 1
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    Exam 9: Inventory Costing and Capacity Analysis
  5. Question
    ________ Are Subtracted from Sales to Calculate Gross Margin
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________ Are Subtracted from Sales to Calculate Gross Margin

Question 193

Question 193

Multiple Choice

________ are subtracted from sales to calculate gross margin.


A) Variable manufacturing costs
B) Variable selling and administrative costs
C) Fixed manufacturing costs
D) Both A and C are correct.

Correct Answer:

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