Q253
Variable cost is subtracted from fixed costs to calculate
A.
unit income
B.
fixed income
C.
operating income
AnswerD.
marginal income
Answer: Option C
Solution
Answer: Option C
Solution:
Variable cost is subtracted from fixed costs to calculate operating income. Operating income is an accounting figure that measures the amount of profit realized from a business's operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS).