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Complete the contribution line

Exercise and reference answers

Missing parts
  1. Answer
    minus
    Choices
    1. plus
    2. minus
    3. times
  2. Answer
    minus
    Choices
    1. plus
    2. minus
    3. over
  3. Answer
    fixed
    Choices
    1. variable
    2. fixed
    3. direct
Complete the statement
Contribution = Sales revenue {0} total variable cost. Profit = Contribution {1} {2} cost.
Instructions
Tap a term into each blank to finish the two equations.

Explanation

_Source: ICAI CA Inter Cost and Management Accounting, Ch14 'Marginal Costing', 14.7.1_
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