This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A contribution margin format income statement presents all costs by (Read 82 times)

amymoore

  • Full Member
  • ***
  • Posts: 161
on: Feb 5, 2023

Question 1

Assume sales of $10,000, variable costs of $7,000, and fixed costs of $2,000. Calculate contribution margin and operating income.
◦ Contribution margin = $8,000; Operating income = $1,000
◦ Contribution margin = $6,000; Operating income = $1,000
◦ Contribution margin = $5,000; Operating income =$1,000
◦ Contribution margin = $3,000; Operating income = $1,000

Question 2

A contribution margin format income statement presents all costs by
◦ function rather than behavior.
◦ cost classification rather than behavior.
◦ behavior rather than by function.
◦ category rather than behavior.
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by amymoore on Feb 5, 2023

KobyRhoads

  • Full Member
  • ***
  • Posts: 160
    • https://anestencreams.com
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly

my web blog tattoo numbing cream (www.anestencream.com)

amymoore

  • Member
  • Posts: 161
Reply 2 on: Feb 5, 2023
Excellent

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Percentages of adolescents indicating Benefits and Costs of employment. Percentages of adolescents indicating Benefits and Costs of employment.
Distribution of the Income of Americans Distribution of the Income of Americans
Income Distribution in the United States, 2009 Income Distribution in the United States, 2009
Determination of Income Inequality Determination of Income Inequality
What is the contribution of studying wing spot in the field? What is the contribution of studying wing spot in the field?
What is the contribution of studying wing spot in the field? What is the contribution of studying wing spot in the field?
Video: Anatomy and Chemical Makeup of a Single Hair (Animation)

For a complete list of videos, visit our video library