Contribution Margin$($$$)=$ Price $-($Material Cost $+$ Labor Cost$)$

Margin Percentage $(\%)=$ Contribution Margin$/$Price

Calculating Margin Activity

In the table below enter each product's price, material cost, and labor cost found in your report, and note whether or not a second shift was used $($Y$/$N$).$ Then, use the values you entered to calculate the Contribution Margin and the Margin Percentage.

Incomplete

Current Margin

Product Name Price Material Cost Labor Cost Second Shift $($Y$/$N$)$ Contribution Margin $($$$)$ Contribution Margin $(\%)$

Traditional

Able

$12\mathrm{.}16$

$7\mathrm{.}64$

$0$

Incorrect value entered

Low End

Acre