Explain how the contribution margin changes as output levels vary due to moving variable and fixed costs.
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Explain how the contribution margin changes as output levels vary due to moving variable and fixed costs. Compare and contrast gross margin and contribution margin. Explain the uses of gross and contribution margins, including why a company would need to account for both.
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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