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Management · Q248

Management Accounting

Graduate and Post Graduate · Management · question 248

Q248

Difference between variable cost per unit and selling price can be classified as

A.
contribution margin per unit
Answer
B.
variable margin per unit
C.
selling margin per unit
D.
sale per unit

Answer: Option A

Solution

Answer: Option A
Solution:
Difference between variable cost per unit and selling price can be classified as contribution margin per unit. Contribution margin per unit is the net amount that each additional unit sold contributes towards a company’s fixed costs and profit.