Question

Which best describes contribution margin?

A. the amount of revenue remaining after deducting sales.
B. the amount of revenue remaining after deducting mixed costs.
C. the amount of revenue remaining after deducting variable costs.
D. the amount of revenue remaining after deducting fixed costs.

Answer 1

A

Step-by-step explanation:

It could be conveyed as a contribution margin per unit.

The formula for gross margin = retail price-

variable cost.