Business, 12.12.2019 04:31 jdisalle476

Which of the following would not be an acceptable way to express contribution margin? select one: a. sales minus variable costs b. sales minus unit costs c. unit selling price minus unit variable costs d. contribution margin per unit divided by unit selling price

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Answer from: donaji1024perez

The correct answer is option b.

Explanation:

The contribution margin can be defined as part of the revenue that is not spent on the variable costs. The word contribution represents the part of the revenue that is not spent on variable costs and thus contributes to covering fixed costs.

It is an important concept in the break-even analysis.

There are several ways to calculate contribution margin. It can be calculated by deducting variable costs from total sales. It can also be calculated by deducting unit variable costs from the unit selling price. The contribution margin ratio is calculated by dividing the contribution margin per unit by unit selling price.

Answer from: Quest

The activity of providing goods and services involving financial and commercial and industrial aspects.

Answer from: Quest

1 all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

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