Contribution margin
a. is always the same as gross profit margin.
b. excludes variable selling costs from its calculation.
c. is calculated by subtracting total manufacturing costs per unit from sales revenue per unit.
d. equals sales revenue minus variable costs.
Answer: d. equals sales revenue minus variable costs.
You might also like to view...
The Himalaya Clause says that only persons who are a party to a contract may enforce its provisions
Indicate whether the statement is true or false
If choice A is strongly preferred to choice B and choice B is moderately preferred to choice C, and the decision maker says choice C is equally preferred to choice A, what conclusion can be drawn?
A) The decision maker is consistent. B) The decision maker is inconsistent. C) The pairwise comparison matrix is symmetric. D) The decision maker has already synthesized.