Examlex
A customer currently has a CS1000H and wants to upgrade to a CS3000. What must be considered before upgrading?
Unit Contribution Margin
The amount of revenue remaining per unit after deducting variable costs; calculated as unit selling price minus unit variable costs.
Unit Sales Price
The amount that a business charges for one unit of its product or service.
High-Low Method
A technique used in cost accounting to estimate variable and fixed costs based on the highest and lowest levels of activity.
Variable Cost Element
A cost that varies directly with the level of production or sales volume, such as materials and direct labor.
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