Which of the following statements are true? A. Contribution doesn’t include fixed cost whereas profit includes fixed cost. B. Contribution is not based on the concept of marginal cost. C. Contribution above breakeven point becomes profit. D. All of the above

Which of the following statements are true?
A. Contribution doesn’t include fixed cost whereas profit includes fixed cost. B. Contribution is not based on the concept of marginal cost.
C. Contribution above breakeven point becomes profit.  
D. All of the above
by

1 Answer

Answer :

C. Contribution above breakeven point becomes profit.
by

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