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annyan annyan
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A year ago
If an organization wants to make a profit, it must generate more sales revenue than the total costs it incurs. Which of the following is not a correct expression of the profit equation?

▸ Operating income = Sales revenue - Discretionary costs - Fixed costs

▸ Operating income = [Contribution margin per unit × # units sold] - Fixed costs

▸ Operating income = Sales revenue - Total variable costs - Total fixed costs

▸ Operating income = [(Sales price per unit - Variable cost per unit) × # units sold] - Fixed cost
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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aedukuyeaedukuye
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A year ago
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annyan Author
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A year ago
Good timing, thanks!
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Brilliant
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2 hours ago
Thank you, thank you, thank you!
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