Question: What is Contribution Margin? Contribution Margin is sales less variable expenses. Contribution margin tells you how far off the company is from their budget. Contribution
What is Contribution Margin?
|
|
Contribution Margin is sales less variable expenses. Contribution margin tells you how far off the company is from their budget.
|
|
|
Contribution Margin is sales less variable expenses. Contribution margin tells managers how much money they can spend.
|
|
|
Contribution Margin is sales less variable expenses. Contribution margin tells managers how much revenue is left after paying variable expenses, to contribute towards covering the company's fixed costs and operating income.
|
|
|
Contribution Margin is sales less fixed expenses. Contribution margin tells managers how much revenue is left after paying fixed expenses to contribution towards operating profit.
|
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
