Asked by Krista Martinez on Apr 25, 2024
The bottom line of a contribution margin report is net income.
Contribution Margin Report
A financial report detailing the variable costs deducted from net sales to determine the contribution margin, used in managerial accounting to make decisions.
Net Income
The total earnings of a company after all expenses and taxes have been deducted from total revenue.
- Understand the importance of cost-volume-profit analysis and the structure of income statements for making decisions.
- Understand the concept of contribution margin and its utilization in assessing business performance.
Learning Objectives
- Understand the importance of cost-volume-profit analysis and the structure of income statements for making decisions.
- Understand the concept of contribution margin and its utilization in assessing business performance.
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