Why is a contribution margin income statement more useful to managerial decision makers than the income statement
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Why is a contribution margin income statement more useful to managerial decision makers than the income statement intended for external users?
Contribution MarginContribution 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
Managerial Accounting
ISBN: 978-0077826482
3rd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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