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When J.William Schopf observed chains and clumps that resembled modern cyanobacteria in Australian sedimentary rocks, he concluded that these were remains of living organisms because
Contribution Margin
The amount by which sales revenue exceeds variable costs, it's a key figure that helps in assessing the profitability of products or services.
Selling Price
The amount of money charged for a product or service, which can cover costs and provide profit for the seller.
Machine Hours
represent the total time that production equipment or machines are operated within a specific period, often used to allocate manufacturing overhead.
Contribution Margin
Contribution margin is the difference between sales revenue and variable costs, indicating how much revenue contributes towards covering fixed costs and generating profit.
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