Contribution Margin Is

question 44

Multiple Choice

Contribution margin is

• A) the amount of revenue remaining after deducting fixed costs.
• B) available to cover fixed costs and contribute to income for the company.
• C) sales less fixed costs.
• D) unit selling price less unit fixed costs.

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Definitions:

Proposed Law

A suggested rule or set of rules that is brought forward for consideration, debate, and possibly adoption by a legislative body.

Rule of Men

A system of governance where laws and decisions are made based on the whims, desires, or personal judgments of individuals, rather than based on a system of laws or principles.

Democratic Governance

A system of government in which power is vested in the people, who rule either directly or through freely elected representatives.

State of Nature

A concept in political philosophy used to describe the condition of humanity before the establishment of society or the state.