Which of the following would be a line item for a variable costing income statement?
A. Gross margin
B. Cost of goods available for sale
C. Total cost of goods sold
D. Contribution margin
E. Work-in-process inventory
Answer: D. Contribution Margin
Which of the following would be a line item for a variable costing income statement?
A. Gross margin
B. Cost of goods available for sale
C. Total cost of goods sold
D. Contribution margin
E. Work-in-process inventory
Answer: D. Contribution Margin
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.