With the contribution margin income statement, variable costs are deducted firs

Accounting
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With the contribution margin income statement, variable costs are deducted first to determine what's left over to pay fixed costs. If the costs are fixed, shouldn't we be ensuring that we are making enough to cover those costs first before we concern ourselves with the variable costs?

May 8th, 2015

yes we deducted variable cost first to determine what's left over to pay fixed costs. Because we know that  contribution margin income statement is an income statement in which all variable expenses are deducted from sales to arrive at a contribution margin, from which all fixed expenses are then subtracted to arrive at the net profit or loss for the period.

May 8th, 2015

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May 8th, 2015
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May 8th, 2015
Dec 6th, 2016
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