Question: Reference to Apple Inc. explain how you would determine the companys contribution margin and contribution margin percent. include the following: Identify which specific variables should

Reference to Apple Inc. explain how you would determine the companys contribution margin and contribution margin percent.

include the following:

  • 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 companys sales and cost structure.

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