Question: Contribution margin equals sales revenue minus variable costs. O is always the same as gross profit margin. O excludes variable selling costs from its calculation.
Contribution margin equals sales revenue minus variable costs. O is always the same as gross profit margin. O excludes variable selling costs from its calculation. O is calculated by subtracting total manufacturing costs per unit from sales revenue per unit. Click if you would like to show Work for this question Onen Show Wort
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