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Use the information below to answer the following questions.
Dan's Fencing constructs paling fences. During last month, the fencing division erected 4,000 metres of fencing. The costs incurred by the division were as follows:
-Refer to the table above.The cost per metre of fencing is:
Controllable Margin
The amount of profit or contribution margin that a manager can directly influence by controlling costs and generating revenues.
Contribution Margin
The amount by which a product's selling price exceeds its total variable costs, indicating how much contributes to covering fixed costs and generating profit.
Dollar Amount
A specific value of money in terms of the currency of the United States, expressed in dollars.
Investment Center
A division or unit within a company that is responsible for its own revenues, expenses, and assets, and its performance is evaluated on its return on investment.
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