Cost and Income Statements
Réussis tes devoirs et examens dès maintenant avec Quizwiz!
gross profit
Sales - Cost of goods sold
absorption income statement
Sales - Cost of goods sold - Selling and administrative expenses
contribution margin
Sales - Variable cost
variable income statement
Sales - Variable cost
absorption
DM + OL + VOH + FOH
fixed income
Contribution margin - Fixed expenses
cost per unit
variable cost = DM + DL + VOH