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Haley Breeden
on Oct 24, 2024

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The total contribution margin is the difference between:

A) total sales and overheads.
B) total sales and cost of goods sold.
C) total sales revenue and total variable costs.
D) total sales revenue and total expenses.

Total Contribution Margin

The difference between sales revenue and variable costs, representing the total amount available to cover fixed expenses and generate profit.

Total Variable Costs

The sum of all costs that vary directly with the level of production or service provision, such as materials and labor.

Total Sales Revenue

The total amount of income generated by the sale of goods or services before any costs or expenses are deducted.

  • Recognize the role and calculation of contribution margin in decision making.
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WJ
William JiangOct 26, 2024
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