Select the incorrect statement concerning the contribution margin income statement.
A) The contribution margin approach for the income statement is unacceptable for exterior reporting
B) The contribution margin approach calls for that all costs be classified as solved or variable.
C) Contribution margin represses the amount accessible to cover product expenses and thereafter to carry out profit
D) Assuming no readjust in addressed expenses, a $1 increase in contribution margin will certainly bring about a $1 increase in profit.
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