ABFHRL437 Corporation's info is below: (Baruch College Exam) Sales $843,000 VC $168,600 FC $14,350 NOI $660,050 (ID#63561) Q) How much is ABFHRL437's Contribution Margin? A) $
ABFHRL437 Corporation's info is below: (Baruch College Exam) Sales $843,000 VC $168,600 FC $14,350 NOI $660,050 (ID#63561) Q) How much is ABFHRL437's Contribution Margin? A) $
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Step 1
Lets understand the basics.
Contribution margin is a margin generated from the sales after deducing variable cost from it.
Contribution margin = Sales - Variable cost
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