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LSDefine

Simple English definitions for legal terms

contribution margin

Read a random definition: Primary authority

A quick definition of contribution margin:

Contribution margin is the money left over after you sell a product and subtract the cost of making it. This money can be used to pay for things like rent, salaries, and other expenses, or it can be kept as profit. It's like having a lemonade stand: if you sell a cup of lemonade for $1 and it costs you 50 cents to make, your contribution margin is 50 cents. This means you have 50 cents to cover your expenses or keep as profit.

A more thorough explanation:

Definition: Contribution margin is the amount of money left over from a product's selling price after deducting its cost of production. It represents the funds available for profit and payment of fixed costs.

Example: Let's say a company sells a product for $50, and it costs $30 to produce. The contribution margin would be $20 ($50 - $30). This means that for every unit sold, the company has $20 available to cover its fixed costs and make a profit.

Another example could be a restaurant that sells a burger for $10, and it costs $5 to make. The contribution margin would be $5 ($10 - $5). This means that for every burger sold, the restaurant has $5 available to cover its fixed costs and make a profit.

The contribution margin is an important metric for businesses because it helps them understand how much money they have available to cover their fixed costs and make a profit. By analyzing the contribution margin, businesses can make informed decisions about pricing, production, and profitability.

contributione facienda | contributory

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TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
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