30 August 2011
v all knw tht sales-variable cost is knwn as contribution,,,,i hav done dis several times while solving problems......so is it just used fr calculation purpose or is dere any MEANING or is USED for any purpose by a co.
30 August 2011
Contribution not only for calculation purpose, Contribution is the only base for all the analysis. it is very important component to know the marginal costing of a product