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katrinajernae7008
24.03.2020 •
Business
The major categories or captions that would appear on an income statement prepared in the variable costing format are as follows: Contribution margin Fixed costs Manufacturing margin Operating income Sales Variable cost of goods sold Variable selling and administrative expenses a. Arrange these captions in the proper order in accordance with the variable costing concept. b. Which of the captions represents: 1. The difference between sales and the total of all the variable costs and expenses. 2. The remaining amount of revenue available for fixed manufacturing costs, fixed expenses, and net income
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Ответ:
Income Statement
Variable Costing
Sales
Variable cost of goods sold
Manufacturing margin
Variable selling and administrative expenses
Contribution margin
Fixed costs
Net income
b. 1. Manufacturing margin=Sales less Variable cost of goods sold
The difference between sales and the total of all the variable costs and expenses is called Contribution Margin.
The remaining amount of revenue available for fixed manufacturing costs, fixed expenses, is called net income.
Ответ:
who is in charge of decision-making authority and strategy? you can divide the responsibility up however you choose.