Asked by
Julittza Lopez
on Nov 17, 2024
Verified
The excess of sales revenues over variable costs
A)Relevant range
B)Break-even point
C)Contribution margin
D)Fixed costs
E)Variable costs
Contribution Margin
Contribution Margin is the amount by which sales revenue exceeds variable costs of production, indicating how much revenue contributes to fixed costs and profit.
- Identify the impact and relevance of contribution margin in the context of business operations.
Verified Answer
SS
Learning Objectives
- Identify the impact and relevance of contribution margin in the context of business operations.