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A horse pulls a cart with force . As a result of this force the cart accelerates with constant acceleration. The magnitude of the force that the cart exerts on the horse
Contribution Margin
The difference between sales revenue and variable costs of production, used to cover fixed costs and generate profit.
Controllable Fixed Costs
Fixed costs that management has the ability to influence or change in the short term, such as advertising expenses.
Controllable Margin
The portion of profit or contribution margin that a manager has direct control over, before fixed costs and overhead are deducted.
Responsibility Report
A management tool that collects and reports planned and actual financial information by responsibility centers.
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