What is contribution, explain in brief?

1.	What is contribution, explain in brief?
Answer» ong>Answer: Contribution is the AMOUNT of earnings REMAINING after all direct costs have been SUBTRACTED from REVENUE. ... Any excess of contribution over fixed costs equals the profit earned. Direct costs are any costs that vary directly with revenues, such as the COST of materials and commissions.

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ong>Answer:

Contribution is the AMOUNT of earnings REMAINING after all direct costs have been SUBTRACTED from REVENUE. ... Any excess of contribution over fixed costs equals the profit earned. Direct costs are any costs that vary directly with revenues, such as the COST of materials and commissions.

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What is contribution, explain in brief?​

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What is contribution, explain in brief?