1.

Ascertainment Of Profit Under Marginal Cost?

Answer»

CONTRIBUTION’ is a fund that is equal to the selling price of a PRODUCT less MARGINAL cost.

Contribution MAY be described as FOLLOWS:

Contribution = Selling Price – Marginal Cost
Contribution = Fixed Expenses + Profit
Contribution – Fixed Expenses = Profit

‘Contribution’ is a fund that is equal to the selling price of a product less marginal cost.

Contribution may be described as follows:

Contribution = Selling Price – Marginal Cost
Contribution = Fixed Expenses + Profit
Contribution – Fixed Expenses = Profit



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