Question: explain how you would determine the Apple company's contribution margin and contribution margin percent. Identify which specific variables should be included in the calculation. Illustrate
explain how you would determine the Apple company's contribution margin and contribution margin percent.
Identify which specific variables should be included in the calculation.
Illustrate your explanation by calculating the contribution margin and contribution margin percent using hypothetical values.
Explain what your calculated results tell you about the company's sales and cost structure.
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