Construction Accounting And Financial Management (4th Edition)
Construction Accounting And Financial Management (4th Edition)
4th Edition
ISBN: 9780135232873
Author: Steven J. Peterson MBA PE
Publisher: PEARSON
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Textbook Question
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Chapter 10, Problem 1DQ

What are some of the ways a company can increase its contribution margin?

Expert Solution & Answer
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To determine

Identify the means to increase the contribution margin of a company.

Explanation of Solution

A company through the following ways can increase its contribution margin:

  • By increasing the revenues
  • By reducing the costs involved in construction through control procedures
  • By reducing the variable overhead

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