Question: In CVP analysis, gross margin is less-useful concept than Contribution margin -- Do you agree? need explanation.

"In CVP analysis, gross margin is less-useful concept than Contribution margin" -- Do you agree? need explanation.

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!

Q:

" In CVP analysis, gross margin is a less - useful concept than contribution margin." Do you agree? Explain briefly. A . No , gross margin calculations emphasize the distinction between fixed and...

Q:

Please comment on the post below Yes, I agree. In CVP analysis, gross margin is a less-useful concept than contribution margin. Because gross margin is the difference between the cost to produce or...

Q:

01 (Answer any three) Points 12 1a. "Variable costs are always relevant, and fixed costs are always irrelevant." Do you agree? Why? lb. "In CVP analysis, gross margin is a less-useful concept than...

Q:

1a. "Variable costs are always relevant, and fixed costs are always irrelevant." Do you agree? Why? Ib. "In CVP analysis, gross margin is a less-useful concept than contribution margin." Do you...

Q:

In CVP analysis gross margin is a less-useful concept than contribution margin . Do you agree? Explain briefly.

Q:

2.In CVP analysis, gross margin is a less-useful concept than contribution margin. Do you agree? Explain briefly.

Q:

1. In CVP analysis, gross margin is a less-useful concept than contribution margin. Do you agree? Explain briefly..

Q:

In CVP analysis, gross margin is a less-useful concept than contribution margin." Do you agree? Explain. Q2: When might a company use budgeted costs rather than actual costs to compute direct-labor...

Q:

Dynamadics Inc, is large, locally owned company operating in several regions within western Canada. Each region manufacture and sell apparel and accessories for both business and casual wear. The...

Q:

Oslow Company prepared the following contribution format income statement based on a sales volume of 2,000 units (the relevant range of production is 500 units to 1,500 units). Sales $20,000 Variable...

Q:

Sketch vo for the network of Fig. 2.169 and determine the dc voltage available. 100 V Ideal diodes -100 V 2.2 k 2.2 k 2.2 k

Q:

In January 1995, the Office of University Evaluation at Arizona State University surveyed faculty and staff members to find out their reaction to the closure of the university during Winter Break,...

Q:

Which of the following most closely describe the product lifecycle: A . Innovate, Develop, Growth, Franchise B . Create, Design, Deveop, Matureity C . Introduction, Growth, Maturity, Decline D ....

Q:

After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of pioneer delivery service co. : Kerry Buckner, capital, 8,566,300...

Q:

Identify each of the items listed below as an asset, liability, stockholders' equity, revenue, or expense, and indicate the normal balance of each account. TEST 11A (Concluded) QUESTIONS/STATEMENTS...

Q:

Northland Corporation is a small information-systems consulting firm that specializes in helping companies implement standard sales-management software. The market for Northalndss services is very...

Q:

While jogging around his suburb one morning, Pedro sees a speedboat parked outside a house. There is a sign posted on the boats windshield saying: For sale $9,000, Text Andres on 0409876543. Direct...

Q:

Refer to the Moira Mondragon example. At the end of the example, there is some indication that the right decision is to increase the commission and thus the number of units sold. Prepare an argument...

Q:

Implement a python function which can numerically integrate a mathematical function. A simple approach based on the Riemann sum is sufficient. Use it to evaluate the following definite integrals: [ \...

Q:

10. Try to remember the last communication you entered into. How many times did you fill in information that the other person did not convey? How many times did you speak before the other person...

Q:

6. Think of a situation where you noticed that the other person or people did not like or understand your behaviour. Examine your own intentions behind the behaviour.

Q:

2. In this chapter, the reader should reflect on the following concepts: historical reason, goal orientation, core values and top performance.