{"id":5481,"date":"2020-11-12T08:20:57","date_gmt":"2020-11-12T08:20:57","guid":{"rendered":"http:\/\/www.lamulinellacamere.it\/?p=5481"},"modified":"2023-04-23T16:58:39","modified_gmt":"2023-04-23T16:58:39","slug":"contribution-margin-ratio-explanation-formula","status":"publish","type":"post","link":"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/","title":{"rendered":"Contribution margin ratio explanation, formula, example"},"content":{"rendered":"<div id=\"toc\" style=\"background: #f9f9f9;border: 1px solid #aaa;margin-bottom: 1em;padding: 1em;width: 350px\">\n<p class=\"toctitle\" style=\"font-weight: 700;text-align: center\">Content<\/p>\n<ul class=\"toc_list\">\n<li><a href=\"#toc-0\">Calculating the Contribution Margin and Ratio<\/a><\/li>\n<li><a href=\"#toc-1\">How to Calculate Contribution Margin Ratio (Step-by-Step)<\/a><\/li>\n<li><a href=\"#toc-2\">Constraints of contribution margin analysis<\/a><\/li>\n<li><a href=\"#toc-3\">Accounting and Accountability<\/a><\/li>\n<li><a href=\"#toc-5\">How to Calculate Contribution Margin<\/a><\/li>\n<li><a href=\"#toc-6\">What is the contribution margin ratio?<\/a><\/li>\n<\/ul>\n<\/div>\n<p><img class='wp-post-image' style='margin-left:auto;margin-right:auto' src=\"image\/jpeg;base64,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\" width=\"255px\" alt=\"cm ratio formula\" \/><\/p>\n<p>For the calculation of Contribution margin, the firm refers to its net  sales and total variable expenses. It refers to the amount left over after deducting from the revenue or sales, the direct and indirect variable costs incurred in earning that revenue or sales. This left-over value then contributes to paying the periodic fixed costs of the business, with any remaining balance contributing profit to the firm. Alternatively, contribution margins can be determined by calculating the contribution margin per unit formula and the contribution ratio.<\/p>\n<p><img class='aligncenter' style='margin-left:auto;margin-right:auto' src=\"image\/jpeg;base64,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\" width=\"257px\" alt=\"cm ratio formula\" \/><\/p>\n<p>Using the aforementioned formula, find your contribution margin and then divide it by the sales income of an individual product to yield your contribution margin ratio. These expenses do not typically depend on changes in the quantity of products your company makes. Fixed expenses include the rent for your building, property taxes, and insurance costs.<\/p>\n<h2 id=\"toc-0\">Calculating the Contribution Margin and Ratio<\/h2>\n<p>Learn financial statement modeling, DCF, M&amp;A, LBO, Comps and Excel shortcuts. The formula to determine the contribution margin of a business. The best contribution margin is 100%, so the closer the contribution margin is to 100%, the better.<\/p>\n<div style='text-align:center'><\/div>\n<p>If your cost of goods sold was also $250, then you would achieve 100% contribution per sales ratio on that item. Profit divided by contribution margin break-even sales divided by profit profit divided by break-even sales contribution margin divided by profit. The contribution margin ratio is calculated as contribution margin divided by the sales multiplied by 100.<\/p>\n<h2 id=\"toc-1\">How to Calculate Contribution Margin Ratio (Step-by-Step)<\/h2>\n<p>It represents the incremental money generated for each product\/unit sold after deducting the variable portion of the firm&rsquo;s costs. The variable costs vary directly with the number of passengers. Variable costs include snacks and beverages provided to  passengers, baggage handling costs, and the cost of the additional fuel required to fly the plane with passengers to its destination.<\/p>\n<p><img class='aligncenter' style='margin-left:auto;margin-right:auto' src=\"image\/jpeg;base64,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\" width=\"256px\" alt=\"cm ratio formula\" \/><\/p>\n<p>Amy, the owner, would like to know what sales are required to break even. Note that fixed costs are known in total, but Amy does not allocate fixed costs to each department. In our example, the sales revenue from one shirt is $15 and the variable cost of one shirt is $10, so the individual contribution <a href=\"https:\/\/www.bollyinside.com\/featured\/the-primary-basics-of-successful-cash-flow-management-in-construction\/\">https:\/\/www.bollyinside.com\/featured\/the-primary-basics-of-successful-cash-flow-management-in-construction\/<\/a> margin is $5. This $5 contribution margin is assumed to first cover fixed costs first and then any contribution after fixed costs are covered can be considered profit. The contribution margin income statement separates the fixed and variables costs on the face of the income statement.<\/p>\n<h2 id=\"toc-2\">Constraints of contribution margin analysis<\/h2>\n<p>Variable costs fluctuate with the level of units produced and include expenses such as raw materials, packaging, and the labor used to produce each unit. The result of this calculation shows the part of sales revenue that is not consumed by variable costs and is available to satisfy fixed costs, also known as the contribution margin. You might wonder why a company would trade variable costs for fixed costs. One reason might be to meet company goals, such as gaining market share. Other reasons include being a leader in the use of innovation and improving efficiencies.<\/p>\n<div>\n<div>\n<h3>What is CM ratio PV ratio?<\/h3>\n<\/div>\n<div>\n<div>\n<p>PV ratio = (Contribution Margin \/ Sales Revenue) x 100<\/p>\n<p> It is calculated by dividing the contribution margin by the sales revenue. The contribution margin is the difference between the sales revenue and the variable costs, or the costs that are directly related to producing the product or service.<\/br><\/br><\/p>\n<\/div><\/div>\n<\/div>\n<p>He is the sole author of all the materials on AccountingCoach.com. Hearst Newspapers participates in various affiliate marketing programs, which means we may get paid commissions on editorially chosen products purchased through our links to retailer sites. Management <a href=\"https:\/\/www.bollyinside.com\/featured\/the-primary-basics-of-successful-cash-flow-management-in-construction\/\">construction bookkeeping<\/a> should also use different variations of the CM formula to analyze departments and product lines on a trending basis like the following. Contribution margin ratio is one of the most important business termsevery manager needs to know but few actually do.<\/p>\n<div>\n<div>\n<h3>What is a good CM ratio?<\/h3>\n<\/div>\n<div>\n<div>\n<p>The closer a contribution margin percent, or ratio, is to 100%, the better. The higher the ratio, the more money is available to cover the business&apos;s overhead expenses, or fixed costs. However, it&apos;s more likely that the contribution margin ratio is well below 100%, and probably below 50%.<\/p>\n<\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Content Calculating the Contribution Margin and Ratio How to Calculate Contribution Margin Ratio (Step-by-Step) Constraints of contribution margin analysis Accounting and Accountability How to Calculate Contribution Margin What is the contribution margin ratio? For the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Contribution margin ratio explanation, formula, example - Villa La Mulinella<\/title>\n<meta name=\"description\" content=\"ContentCalculating the Contribution Margin and RatioHow to Calculate Contribution Margin Ratio (Step-by-Step)Constraints of contribution margin\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Contribution margin ratio explanation, formula, example - Villa La Mulinella\" \/>\n<meta property=\"og:description\" content=\"ContentCalculating the Contribution Margin and RatioHow to Calculate Contribution Margin Ratio (Step-by-Step)Constraints of contribution margin\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/\" \/>\n<meta property=\"og:site_name\" content=\"Villa La Mulinella\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-12T08:20:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-23T16:58:39+00:00\" \/>\n<meta name=\"author\" content=\"autore\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"autore\" \/>\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/\",\"url\":\"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/\",\"name\":\"Contribution margin ratio explanation, formula, example - Villa La Mulinella\",\"isPartOf\":{\"@id\":\"http:\/\/www.lamulinellacamere.it\/fr\/#website\"},\"datePublished\":\"2020-11-12T08:20:57+00:00\",\"dateModified\":\"2023-04-23T16:58:39+00:00\",\"author\":{\"@id\":\"http:\/\/www.lamulinellacamere.it\/fr\/#\/schema\/person\/eb37ccda89408f5f86ecccd51a9977e7\"},\"description\":\"ContentCalculating the Contribution Margin and RatioHow to Calculate Contribution Margin Ratio (Step-by-Step)Constraints of contribution margin\",\"breadcrumb\":{\"@id\":\"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\/\/www.lamulinellacamere.it\/fr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Contribution margin ratio explanation, formula, example\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/www.lamulinellacamere.it\/fr\/#website\",\"url\":\"http:\/\/www.lamulinellacamere.it\/fr\/\",\"name\":\"Villa La Mulinella\",\"description\":\"camere\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\/\/www.lamulinellacamere.it\/fr\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Person\",\"@id\":\"http:\/\/www.lamulinellacamere.it\/fr\/#\/schema\/person\/eb37ccda89408f5f86ecccd51a9977e7\",\"name\":\"autore\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Contribution margin ratio explanation, formula, example - Villa La Mulinella","description":"ContentCalculating the Contribution Margin and RatioHow to Calculate Contribution Margin Ratio (Step-by-Step)Constraints of contribution margin","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/","og_locale":"fr_FR","og_type":"article","og_title":"Contribution margin ratio explanation, formula, example - Villa La Mulinella","og_description":"ContentCalculating the Contribution Margin and RatioHow to Calculate Contribution Margin Ratio (Step-by-Step)Constraints of contribution margin","og_url":"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/","og_site_name":"Villa La Mulinella","article_published_time":"2020-11-12T08:20:57+00:00","article_modified_time":"2023-04-23T16:58:39+00:00","author":"autore","twitter_card":"summary","twitter_misc":{"\u00c9crit par":"autore","Dur\u00e9e de lecture estim\u00e9e":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/","url":"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/","name":"Contribution margin ratio explanation, formula, example - Villa La Mulinella","isPartOf":{"@id":"http:\/\/www.lamulinellacamere.it\/fr\/#website"},"datePublished":"2020-11-12T08:20:57+00:00","dateModified":"2023-04-23T16:58:39+00:00","author":{"@id":"http:\/\/www.lamulinellacamere.it\/fr\/#\/schema\/person\/eb37ccda89408f5f86ecccd51a9977e7"},"description":"ContentCalculating the Contribution Margin and RatioHow to Calculate Contribution Margin Ratio (Step-by-Step)Constraints of contribution margin","breadcrumb":{"@id":"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.lamulinellacamere.it\/fr\/contribution-margin-ratio-explanation-formula\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/www.lamulinellacamere.it\/fr\/"},{"@type":"ListItem","position":2,"name":"Contribution margin ratio explanation, formula, example"}]},{"@type":"WebSite","@id":"http:\/\/www.lamulinellacamere.it\/fr\/#website","url":"http:\/\/www.lamulinellacamere.it\/fr\/","name":"Villa La Mulinella","description":"camere","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/www.lamulinellacamere.it\/fr\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"fr-FR"},{"@type":"Person","@id":"http:\/\/www.lamulinellacamere.it\/fr\/#\/schema\/person\/eb37ccda89408f5f86ecccd51a9977e7","name":"autore"}]}},"_links":{"self":[{"href":"https:\/\/www.lamulinellacamere.it\/fr\/wp-json\/wp\/v2\/posts\/5481"}],"collection":[{"href":"https:\/\/www.lamulinellacamere.it\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lamulinellacamere.it\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lamulinellacamere.it\/fr\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lamulinellacamere.it\/fr\/wp-json\/wp\/v2\/comments?post=5481"}],"version-history":[{"count":1,"href":"https:\/\/www.lamulinellacamere.it\/fr\/wp-json\/wp\/v2\/posts\/5481\/revisions"}],"predecessor-version":[{"id":5482,"href":"https:\/\/www.lamulinellacamere.it\/fr\/wp-json\/wp\/v2\/posts\/5481\/revisions\/5482"}],"wp:attachment":[{"href":"https:\/\/www.lamulinellacamere.it\/fr\/wp-json\/wp\/v2\/media?parent=5481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lamulinellacamere.it\/fr\/wp-json\/wp\/v2\/categories?post=5481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lamulinellacamere.it\/fr\/wp-json\/wp\/v2\/tags?post=5481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}