What is the contribution margin in a percentage and dollars


Question: Assume the following for the NYMC medical supply vendor: Fixed Cost = $200,000 Selling Price = $1,600 Variable Cost = $1,200 What is the break-even point in units and dollars? So, the break-even point in units for NYMC medical supply vendors is 500 units. What is the contribution margin in a percentage and dollars?

 

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Accounting Basics: What is the contribution margin in a percentage and dollars
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