Contribution Margin Is Calculated by Deducting ________ from Sales Revenue

question 219

Multiple Choice

Contribution margin is calculated by deducting ________ from sales revenue.

• A) total product costs
• B) total selling and administrative costs
• C) total fixed costs
• D) total variable costs

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Definitions:

Early Consequentialist

Refers to philosophical thinkers or theories in the history of ethics that judge the rightness or wrongness of an action by its consequences or outcomes, predating modern consequentialism like utilitarianism.

Jeremy Bentham

A British philosopher, jurist, and social reformer regarded as the founder of modern utilitarianism.

Consequentialist Theorists

Philosophers who argue that the morality of an action is determined solely by its outcomes or consequences.

Theory of Hedonism

A philosophical theory that posits pleasure or happiness as the highest good and primary motivation for human action.