Income Statement - Contribution Margin Approach
{"Image DocumentName": "Income Statement - Contribution Margin Approach", "Image ImageDescription": "The contribution margin format emphasizes cost behavior. Contribution margin covers fixed costs and provides for income. The contribution approach provides an income statement format geared directly to cost behavior. This approach to income statement preparation separates costs into those that are fixed and those that are variable. Subtracting variable costs from sales results in contribution margin. The contribution margin covers fixed costs and provides for income.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}