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How is the contribution margin used in business

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Reference no: EM132738909

Problem 1: A plant makes two product lines: T-shirts and Swim Trunks. Which of the following would be considered an indirect cost for this company?

A. labor to sew the T-shirts

B. material used to make the swim trunks

C. salary paid to quality control supervisor

D. dye to color the T-shirts

Problem 2: How is the contribution margin used in business?

A. None of these choices are correct.

B. For valuing inventory and adjustments

C. For breakeven analysis and product pricing

D. For determining the level of fixed costs

Reference no: EM132738909

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