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skully skully
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7 years ago
Managers confuse gross margin and contribution margin in merchandising companies because:
A) cost of goods sold equals the variable cost of goods purchased.
B) cost of goods sold does not equal the variable cost of goods purchased.
C) manufacturing costs does not equal the variable cost of goods manufactured.
D) manufacturing costs are always relevant in merchandising companies.
E) managers never confuse the margin and contribution margin in merchandising companies.
Textbook 
Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
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Managerial Accounting: Decision Making and Motivating Performance
University of Pittsburgh
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noitulovenoitulove
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7 years ago
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skully Author
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7 years ago
Thank you for answering correctly
Managerial Accounting: Decision Making and Motivating Performance
University of Pittsburgh
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