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Refering to a manufacturing company, explain how you would determine the company's contribution margin and contribution margin percent. Please include the following: Identify which specific
Refering to a manufacturing company, explain how you would determine the company's contribution margin and contribution margin percent. Please include the following:
- Identify which specific variables should be included in the calculation.
- Illustrate your explanation by calculating the contribution margin and contribution margin percent using hypothetical values.
- Explain what your calculated results tell you about the company's sales and cost structure.
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