Assume that $1,800 million of the cost of goods sold is a fixed cost representing depreciation and other production costs that do not change with the volume of production. In addition, $3,000 million of the other operating expenses is fixed.
Compute the total contribution margin and the contribution margin percentage. Explain why the contribution margin differs from the gross margin.© BrainMass Inc. brainmass.com June 3, 2020, 6:21 pm ad1c9bdddf
The solution presents the complete answers in table format plus explanation for the amounts.