Contribution Margin vs Operating Margin
What do we mean by Contribution Margin and Operating Margin?The contribution margin is the net turnover minus the variable share of the total cost… Read Article
Contribution Margin
Contribution Margin vs Gross Margin
What do we mean by Contribution margin and Gross margin?Contribution Margin and Gross Margin are two important concepts in Management Accounting. They also help… Read Article
Marginal Benefit – Meaning, Importance And More
Marginal Benefit is the maximum amount that a consumer can pay for consuming an additional unit of a product or a service. In simple… Read Article
Cost Volume Profit Analysis
Definition of Cost Volume Profit AnalysisCost Volume Profit Analysis explains the behavior of profits in response to a change in cost and volume. In other… Read Article
Difference between Breakeven Point vs. Margin of Safety
Break-even point (BEP) is the level of sales where total costs (a combination of fixed and variable) equals total revenues. In other words, the… Read Article
Marginal Cost – How to Calculate, Relationship with Fixed & Variable Cost
You would agree that when a manufacturing unit increases the level of production, the total cost of production will also increase. This increment in… Read Article