Categories
Resources for Accountants

Contribution Margin – Basics, Formula, Calculations Explained [Video]

Contribution Margin Chapters 00:00 Introduction to Contribution Margin 01:00 What is Contribution Margin? 03:17 Contribution Margin Formula 04:27 Contribution Margin Examples In this video, we will explain Contribution Margin, how it is calculated, and its uses. What is Contribution Margin? Contribution Margin helps us understand the company's in-depth cost structure and determine the required sales volume to cover the cost and break even. Formula of Contribution Margin = Net Sales – Total Variable Expenses Uses of Contribution Margin: 1. It can also be expressed as Fixed Cost – Net Income 2. Vital for calculating the break-even point 3. Examines variable production costs 4. Useful to decide which products of the business are profitable and which aren’t #wallstreetmojo, #contributionmargin, #contributionmarginformula For more details, you can refer to our article at – https://www.wallstreetmojo.com/contribution-margin/ Subscribe to Our Channel – Youtube ► https://www.youtube.com/channel/UChlNXSK2tC9SJ2Fhhb2kOUw?sub_confirmation=1 LinkedIn ► https://www.linkedin.com/company/wallstreetmojo/mycompany/ Facebook ► https://www.facebook.com/wallstreetmojo Instagram ► https://www.instagram.com/wallstreetmojoofficial/ Twitter ► …
Watch/Read More

Most Popular Posts Today

What is material to the financial statements? [Video]
►
Categories
Resources for Accountants

What is material to the financial statements? [Video]

Jenny will help you "close the GAAP" on what is material to the financial statements. Check out her quick video explanation here! If you are interested in learning more, explore our eLearning courses on our GAAP Dynamics Learning Library: Cybersecurity: Financial Reporting Issues and SEC Disclosures: https://www.gaapdynamics.com/product/cybersecurity-financial-reporting-issues-and-sec-disclosures/ Audit Planning and Materiality: https://revolution.gaapdynamics.com/learn/courses/546/audit-planning-and-materiality

Most Popular This Week

Accountant or Bookkeeper? Which Role Is Right for You [Video]
►
Categories
Resources for Accountants

Accountant or Bookkeeper? Which Role Is Right for You [Video]

Become a Controller; enroll in the Controller Academy 🚀 https://controller-academy.com/courses/controller-academy This video will be your ultimate guide on the differences But more importantly, I am gonna focus on how you can make high 6 figures with either of these 2 professions So here is our agenda: we'll take a look at the Job responsibilities of both the bookkeeper and the accountant We'll talk about the education requirements And then, I'll tell you How you can earn high 6 figures regardless of whether you chose to be a bookkeeper or an Accountant Time Stamps: 00:00 Intro 00:27 Agenda 00:46 1. Job Responsibilities 02:23 2. Education Requirements 04:07 3. How Accountants Make $100K plus 06:37 4. How Bookkeepers Make $100K plus ----------------------------------- Hang Out with me on social media: 📸 https://www.instagram.com/the_financial_controller/ 📱https://www.tiktok.com/@thefinancialcontroller https://www.linkedin.com/in/bill-hanna-cpa-7653a851/ DISCLAIMER: Links included in this description might be affiliate links. If you happen to purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week! All views expressed on my channel are mine alone. Not intended as financial or professional advice