Contribution margin is the per-unit profit of a product. It is calculated by subtracting all variable costs to sell a good from its sale price. For example, if a product sells for $20 and its variable costs total $12, it... More »

In accounting terms, costing refers to a system of calculating the amount of money it takes to produce goods or operate a business. Generally, costs include variables like cost of labor, cost of materials, cost of distri... More »

Scientific polling consists of surveying a random sample of the population in order to obtain statistically significant results for an upcoming vote or election. Scientific polls are frequently used before a big election... More »

The gross profit percentage, or gross margin, tells the percentage of money a company keeps from its revenue after direct costs are accounted for, and it indicates a company's gross profit margin. To determine the gross ... More »

To use a profit-and loss template form, input all of the business sales and product costs to determine gross profits, and then subtract all of the expenses to determine the net profit for the period, states Dummies.com. ... More »

Optimal sales price is calculated as the necessary revenue to achieve a desired profit margin divided by the quantity of product units forecast to sell, explains small-business writer Gregory Hamel. A profit margin is th... More »

Contribution margin is important for helping businesses determine the profitability of products. The concept has become a fundamental business practice that identifies the amount of revenue a sold product generates for a... More »