Question: Explain how to calculate the Contribution Margin and how the Contribution Margin can be used by a business to estimate its break - even point;

Explain how to calculate the Contribution Margin and how the Contribution Margin can be used by a business to estimate its break-even point;
Explain what the product mix is and why management needs to understand the product mix to understand the the contribution margin for a multiple product company?
Explain how to calculate the Contribution Margin

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