Contribution Explanation

DannyT90
DannyT90 AAT Student, AATQB Posts: 159
Could someone please explain what is meant by the word Contribution, when referring to Costs and Budgeting.

I know the equation but I can't understand what it is. What is being Contributed?

Any help would be much appreciated.

Answers

  • hal978
    hal978 MAAT, AAT Licensed Accountant Posts: 197 Dedicated contributor 🌟 🐵 🌟
    It is a contribution towards fixed costs
    progmetalgod
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