by Aries | Mar 14, 2022 | Bookkeeping
Gross margin is shown on the income statement as revenues minus cost of goods sold (COGS), which includes both variable and allocated fixed overhead costs. Profit is gross margin minus the remaining expenses, aka net income. The overall contribution margin is computed...
by Aries | Mar 2, 2022 | Bookkeeping
Gross margin is shown on the income statement as revenues minus cost of goods sold (COGS), which includes both variable and allocated fixed overhead costs. Profit is gross margin minus the remaining expenses, aka net income. The overall contribution margin is computed...
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