What is the contribution margin , and why is it important for managers to know the contribution margin s of their products?
Chapter 21, Discussion Questions #9
What is the contribution margin, and why is it important for managers to know the contribution margins of their products?
Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...
Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...
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Related Book For 
Accounting concepts and applications
11th Edition
Authors: Albrecht Stice, Stice Swain
ISBN: 978-0538745482