Multiple choice

Directions: Choose the correct option for the given question.

______ is the aggregate of fixed cost and profit.

  1. Prime cost

  2. Contribution

  3. Work cost

  4. Cost of sales

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Contribution is calculated as sales revenue minus variable costs, which is equivalent to the sum of fixed costs and profit.

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