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The practice of physiognomy,as well as that of phrenology,have been summarily discredited by modern scientific research.As it turns out,the bumps on a person's head and one's facial characteristics give virtually no information about their personality characteristics.This is an important reminder of the importance of the critical thinking principle of
Contribution Margin Percentage
The ratio of contribution margin (sales revenue minus variable costs) to total sales revenue, expressed as a percentage.
Variable Cost Per Unit
The cost that varies with the level of output or sales, calculated on a per-unit basis.
Selling Price Per Unit
The price at which a single unit of a product is sold to customers, not including discount or additional fees.
Unit Contribution Margin
The difference between the selling price per unit and the variable cost per unit, indicating how much each unit contributes to covering fixed costs.
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