Contribution margin is the amount of money that remains after an item's product cost has been subtracted from its selling price.

Name: Contribution margin is the amount of money that remains after an item's product cost has been subtracted from its selling price.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Contribution margin is calculated by subtracting the total variable costs of a product from its selling price, indicating the amount of revenue available to cover fixed costs and generate profit.

Contribution Margin Is the Amount of Money That Remains After