Define and explain contribution margin on a per unit basis.
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Define and explain contribution margin on a per unit basis.
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Contribution margin on a per unit basis is a financial metric that measures the amount of revenue available from each unit sold to cover variable costs and contribute towards covering fixed costs and generating profits It is a crucial tool in analyzing the profitability of individual products or services To calculate the contribution margin per unit you subtract the variable cost ...View the full answer
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Deepak Sharma
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Related Book For
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
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