Revenue is $11000 and all variable cost is $6000, then contribution margin would be
A. -$17000
B. $17,000
C. $5,000
D. -$5000
Answer: Option C
Solution(By Examveda Team)
Contribution margin = Revenue - Variable cost= $11000 - $6000 = $5,000.
A. -$17000
B. $17,000
C. $5,000
D. -$5000
Answer: Option C
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
Join The Discussion