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Home Q & A Board Other Fields Homework Help Business Accounting
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jack bopp jack bopp
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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. This relation can be expressed using which of the following profit equations?

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

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

▸ Operating income = [(Sales price per unit - Fixed cost per unit) × # units produced] - Variable cost

▸ Operating income = Sales revenue - Product costs - Discretionary costs
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Managerial Accounting

Managerial Accounting


Edition: 4th
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skdiveelisskdiveelis
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