Contribution by product is an important aspect of costing.
How is it calculated?
Select ONE answer:
- income from sales plus fixed costs
- income from sales plus variable costs
- income from sales minus fixed costs
- income from sales minus variable costs
Show your workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 4
- Not correct
- Not correct
- Not correct
- Correct
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