Question: Contribution margin Group of answer choices is always the same as gross profit margin. is calculated by subtracting total manufacturing costs per unit from sales

Contribution margin
Group of answer choices
is always the same as gross profit margin.
is calculated by subtracting total manufacturing costs per unit from sales revenue per unit.
excludes variable selling costs from its calculation.
equals sales revenue minus variable costs.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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 Accounting Questions!