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  3. Study Set
    Introduction to Management Accounting Study Set 1
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    Exam 2: Introduction to Cost Behavior and Cost Volume Profit Relationships
  5. Question
    ________ Is the Excess of Sales Over the Cost of Goods
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________ Is the Excess of Sales Over the Cost of Goods

Question 36

Question 36

Multiple Choice

________ is the excess of sales over the cost of goods sold.


A) Gross margin
B) Contribution-margin ratio
C) Variable-cost ratio
D) Contribution margin

Correct Answer:

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