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Author Question: Under variable costing, subtract variable costs from sales to arrive at (Read 127 times)

Emmejo01

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Question 1

When using variable costing, period costs consist of
◦ selling and administrative costs.
◦ fixed and variable manufacturing overhead.
◦ administrative costs and fixed manufacturing overhead.
◦ selling and administrative costs as well as fixed manufacturing overhead.

Question 2

Under variable costing, subtract variable costs from sales to arrive at
◦ contribution margin.
◦ net income.
◦ gross margin.
◦ gross profit.


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Marked as best answer by Emmejo01 on Feb 5, 2023

furthoh

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Emmejo01

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)


carojassy25

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Reply 3 on: Yesterday
Excellent

 

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