Define contribution margin , contribution margin per unit, and contribution margin percentage.
Question:
Define contribution margin, contribution margin per unit, and contribution margin percentage.
Contribution MarginContribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Contribution margin is the difference between total re...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
Question Posted:
Students also viewed these Cost Accounting questions
-
Define contribution margin , gross margin, contribution margin percentage, variable-cost percentage and margin of safety.
-
Product A has a contribution margin of $300 per unit and requires six hours of machine time. Product B requires eight hours of machine time and provides $400 of contribution margin per unit....
-
?
-
Diffraction effects become significant when the width of an aperture is comparable to the wavelength of the waves being diffracted. (a) At what speed will the de Broglie wavelength of a 65-kg student...
-
A copper-silver bimetallic wire, 1 cm in diameter, is prepared by co-extrusion with copper as the core and silver as the outer layer. The desired properties along the axis parallel to the length of...
-
Using MATLAB, plot the Gaussian probability density function \[f(x)=\frac{1}{\sqrt{2 \pi}} e^{-0.5 x^{2}}\] over \(-7 \leq x \leq 7\).
-
Jim Heston has been working on Austin Paints' cash budget for the coming year. Based on his projections for March, the beginning cash balance will be $50,200; cash collections will be $700,000; and...
-
Vogue Test Inc. is produces two types of toothpaste, Numero and Dinero. Revenue and cost information for the year ended December 31, 2022 relating to the products are presented below. Product ...
-
Arroy Snackfoods is considering replacing a five-year-old machine that originally cost $75,000. It was being depreciated using straight-line to an expected salvage value of zero over its original...
-
Distinguish between operating income and net income.
-
Describe three methods that can be used to express CVP relationships.
-
Referring to Problems 13.37 and 13.38, which reaction is exothermic and which is endothermic? Justify your answer, and describe which reaction could be used to supply heat and which could be used to...
-
Why would an estimate of the effect of contraceptive use on a woman's fertility potentially be biased? How does Miller use a natural experiment to remove this bias? In your answer, define the natural...
-
Consider the anticipated economic impact of the tax that you designed i . Who do you think will bear the tax incidence and why? Do you think that the tax incidence will change over time? Compare the...
-
A group of friends decided to start their own venture capital firm with the resources and abilities they have. Jessie is really good at applying formulas to solve complex problems that involve...
-
The head of your company has asked you to make a report on ways to reduce spending in your department without losing productivity. Draft a one-page report with the following headings: Introduction,...
-
Explain how people may imitate or "model" characters in fictional media content.
-
The electromagnetic waves that carry FM radio range in frequency from \(87.9 \mathrm{MHz}\) to \(107.9 \mathrm{MHz}\). What is the range of wavelengths of these radio waves? A. \(500-750...
-
The Alert Company is a closely held investment-services group that has been very successful over the past five years, consistently providing most members of the top management group with 50% bonuses....
-
Under what temperature conditions would the following reactions occur spontaneously? (a) 2 NH4NO3(s) - (b) I2(g) 2 I(g) 2 N(g) + 4 HO(g) + O2(g) A,H -236.0 kJ mol- =
-
Crisps Inc. is a producer of potato chips. A single production process at Crisps Inc. yields potato chips as the main product and a byproduct that can also be sold as a snack. Both products are fully...
-
Sooke Sawmill Inc. (SSI) purchases logs from independent timber contractors and processes the logs into three types of lumber products: Studs for residential buildings (walls, ceilings). Decorative...
-
Montreal Dairy Products Corp buys one input, full-cream milk, and refines it in a churning process. From each gallon of milk, Montreal produces two cups (one pound) of butter and two quarts (eight...
-
2-Using the CPT data in figure below, a unit weight of 115 pcf, and an overconsolidation ratio of 3, determine (a) soil behavior type (b) o' using Kulhawy and Mayne correlation and (c) N60 for the...
-
How does the application of computational fluid dynamics (CFD) coupled with multiphase flow modeling enhance the understanding and prediction of complex hydrodynamic behaviors in industrial-scale...
-
1. From the joint distribution defined by the graphical model, determine if the conditional independence holds: ALL FIE, B, and provide brief explanation (5 points). 2. Given an undirected chain...
Study smarter with the SolutionInn App