Question: 6. Distinguish between contribution margin per unit and contribution margin ratio. 7. What does the term margin of safety mean? How might management use

6. Distinguish between contribution margin per unit and contribution margin ratio. 7. What does the term margin of safety mean? How might management use this information? 11. What is sensitivity analysis and how might it help those performing cost- volume-profit analysis? 16.Describe the difference between absorption costing and variable costing.

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6 Contribution Margin per Unit vs Contribution Margin Ratio Contribution Margin per Unit It is the difference between the selling price per unit and t... View full answer

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