The CVP income statement Group of answer choices discloses contribution margin in the body of the statement. is distributed internally and externally. classifies costs by functions. will reflect a different net income than the traditional income statement.

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01-07-2021
Business

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The CVP income statement Group of answer choices discloses contribution margin in the body of the statement. is distributed internally and externally. classifies costs by functions. will reflect a different net income than the traditional income statement.

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Parrain Parrain · Answer 1 · 2021-07-04T03:19:47+02:00

Answer: discloses contribution margin in the body of the statement.

Explanation:

The Cost Volume Profit (CVP) income statement is made to better show the influence of variable costs and fixed costs on income. It as well shows the effects that changing costs and production volume can have on the income.

Although it shows the same income as a traditional income statement, the format is different in that the contribution margin is included in the statement and the costs and revenue per unit are shown as well.