The Total Contribution Margin Is the Unit Contribution Margin Multiplied

question 65

True/False

The total contribution margin is the unit contribution margin multiplied by the number of units minus the fixed component of the total costs (TC).

---

Definitions:

Dental Coverage

A type of insurance or benefit plan that pays for the cost of dental care services, typically provided through employers.

Prescription Drug

A medication that legally requires a medical prescription to be dispensed.

Outsource

The practice of hiring third-party vendors to perform services or produce goods that were previously handled in-house.

Cafeteria Plans

A type of employee benefit plan that allows workers to choose from a variety of pre-tax benefits, adjusting the plan to their personal needs.