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1 year ago

the contribution margin income statement allows users to easily judge the impact of a change in ______ on profit.

Business

1 answer:

Ne4ueva [31]1 year ago

6 0

The blank space has been correctly filled below:

The contribution margin income statement allows users to easily judge the impact of a change in <u>selling price, cost, or volume</u> on profit.

The contribution margin income statement is an evaluation of a former sales period. Entrepreneurs use this procedure to determine whether they made a profit or loss during the period.

After their evaluation, they realize the operating income or net income. The contribution margin is generated using this formula,

Net product revenue - Total variable cost ÷ product revenue.

A proper understanding of the fixed and variable costs is essential to accurately calculate the contribution margin.

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Answer:

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