Question: What is Apple's contribution margin and contribution margin percent. In your initial post include the following: Identify which specific variables should be included in the
What is Apple's contribution margin and contribution margin percent. In your initial post 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 company's sales and cost structure.
Give references.
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Contribution margin is a measure of a companys ability to cover its variable costs with revenue gene... View full answer
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