Explain how to calculate total contribution margin , contribution margin per unit, and contribution margin ratio. What

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Explain how to calculate total contribution margin, contribution margin per unit, and contribution margin ratio. What is the meaning of each?
Contribution Margin
Contribution 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...
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Managerial Accounting

ISBN: 978-0077826482

3rd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

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