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Ascertainment Of Profit Under Marginal Cost? |
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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’ 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 |
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