Define the term contribution margin

Assignment Help Management Theories

Reference no: EM131507514

Question: 1. If management wants to know the sales revenue level it would have to achieve to make a specific profit, how can the required sales level be calculated?

2. In studying the feasibility of a new operation, how can CVP analysis be used to determine the volume of sales revenue required to give a desired return on investment?

3. Define the term contribution margin.

Reference no: EM131507514

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