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CVP income statement is arranged to show variable expenses, contribution margin and fixed expenses allowing a business to make cost volume profit decisions. CVP income statement is arranged to show variable expenses, contribution margin and fixed expenses allowing a business to make cost volume profit decisions.
The CPP death benefit is taxable and would normally be reported on the estate T3 tax return, along with other income earned on investments held in the estate. tfsa Robert had $15,000 in his tax-free savings account at the time he died.