Question: The contribution margin is the a. amount by which sales exceed fixed costs. b. difference between sales and total expenses. c. difference between sales and

The contribution margin is the
  a.  amount by which sales exceed fixed costs.
  b.  difference between sales and total expenses.
  c.  difference between sales and operating income.
  d.  difference between sales and total variable expense.
  e.  difference between variable expense and fixed expense.

Step by Step Solution

3.29 Rating (167 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a amount by which sales e... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Managerial Accounting Questions!