Define contribution margin?
Submitted by: AdministratorIn accounting contribution margin is defined as revenues minus variable expenses. In other words, the contribution margin reveals how much of a company's revenues will be contributing (after covering the variable expenses) to the company's fixed expenses and net income. The contribution margin can be presented as:
1) The total amount for the company
2) The amount for each product line
3) The amount for a single unit of product
4) As a ratio or percentage of net sales
Submitted by:
1) The total amount for the company
2) The amount for each product line
3) The amount for a single unit of product
4) As a ratio or percentage of net sales
Submitted by:
Read Online Cost Accounting Job Interview Questions And Answers
Top Cost Accounting Questions
☺ | Explain some of the methods used to allocate support costs? |
☺ | Describe some of the methods used to allocate support costs. |
☺ | What is Cost Accounting? |
☺ | What is difference between cost accounting and financial accounting? |
☺ | What is the cost sheet? |
Top Accounts Categories
☺ | Accounting Interview Questions. |
☺ | Accounts Payable Interview Questions. |
☺ | Senior Accountant Interview Questions. |
☺ | Junior Accountant Interview Questions. |
☺ | Audit Interview Questions. |