_____ is found by subtracting variable costs from revenues and dividing the difference by revenues to yield a percentage.
A) Return on investment
B) Contribution margin
C) Resource utilization
D) Product expenditure
E) The monthly burn rate

Question

Quizplus · Accepted Answer

Contribution margin is calculated by subtracting variable costs from revenues and then dividing the difference by revenues, resulting in a percentage that indicates the portion of sales revenue that is not consumed by variable costs and is available to cover fixed costs.

_____ Is Found by Subtracting Variable Costs from Revenues and Dividing