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Author Question: A company's sales and production levels are the same. The amount of income presented on a ... (Read 13 times)

Drewster127

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on: Feb 5, 2023

Question 1

The contribution margin is calculated as
◦ sales revenue less committed costs.
◦ sales revenue less cost of goods sold.
◦ sales revenue less total variable costs.
◦ sales revenue less discretionary costs.

Question 2

A company's sales and production levels are the same. The amount of income presented on a contribution margin format income statement
◦ will not differ from that shown on a traditional GAAP income statement regardless of the level of production and sales.
◦ will always be greater than that shown on a traditional GAAP income statement.
◦ will always be the same as that shown on a traditional GAAP income statement.
◦ will always be less than that shown on a traditional GAAP income statement.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by Drewster127 on Feb 5, 2023

SphnxKickin

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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.
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Drewster127

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

adammoses97

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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