A product's contribution margin per unit is the excess value of the selling price per unit over the fixed cost of obtaining and selling each unit.

Name: A product's contribution margin per unit is the excess value of the selling price per unit over the fixed cost of obtaining and selling each unit.
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Question

Quizplus · Accepted Answer

The contribution margin per unit is the excess of the selling price per unit over the variable cost per unit, not the fixed cost.

A Product's Contribution Margin Per Unit Is the Excess Value