“44. In an income statement prepared as an internal report using the variable costing method, variable selling and administrative expenses would a. not be used. b. be used in the computation of the contribution margin. c. be used in the computation of operating income but not in the computation of the contribution margin. d. be treated the same as fixed selling and administrative expenses.”

June 20, 2017 mfadmin Managerial Accounting

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“44. In an income statement prepared as an internal report using the variable costing method, variable selling and administrative expenses would a. not be used. b. be used in the computation of the contribution margin. c. be used in the computation of operating income but not in the computation of the contribution margin. d. be treated the same as fixed selling and administrative expenses.”