- contribution income statement
- The presentation of an income statement or profit and loss account using the marginal costing layout. In such a treatment the fixed costs are not charged to the individual products produced (as in absorption costing) but are treated as a deduction from the total contribution of all the products.exampleA company manufactures two products, A and B. The simplified contribution income statement below shows the combined contribution of these products, from which total fixed costs can be deducted to show total profit.
Accounting dictionary. 2014.
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