S - ? = F + P; The term for ? will be :

CS Executive · Cost and Management Accounting · PYQS · December 2021
S - ? = F + P; The term for ? will be :
(A) Contribution (C)
(B) Variable Cost (V)
(C) Total Cost (TC)
(D) BEP

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Marginal Costing

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