For a manufacturing company, what is the difference between how the gross margin and contribution margin are
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For a manufacturing company, what is the difference between how the gross margin and contribution margin are calculated?
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...
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The gross margin is the difference between sales and the cost of goods sold CGS ...View the full answer
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Related Book For 
Managerial Accounting
ISBN: 9781259275814
11th Canadian Edition
Authors: Ray H Garrison, Alan Webb, Theresa Libby
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