What is contribution margin


Question:

Contribution margin:

(a) is revenue remaining after deducting variable costs.

(b) may be expressed as contribution margin per unit.

(c) is selling price less cost of goods sold.

(d) Both (a) and (b) above.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: What is contribution margin
Reference No:- TGS02037498

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)