FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Define split-off point.

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Contribution approach:

The contribution approach calculates the net profit by calculating the contribution margin. The variable cost is deducted from the sales value to calculate the contribution margin. Further, the fixed cost is deducted from the contribution margin to calculate the contribution margin.

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