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Podcast: The Winning Momentum Podcast with Scott Sinclair
Episode: Contribution Margin vs Gross Margin. Contribution Margin vs Standard Cost.
Description: Make more profit by focusing on contribution margin, fixed costs and revenue - in that order.Gross margin, reported in audited financial statements, is often misleading when it comes to managerial decisions. Same with standard costing.Contribution margin leads to better decision making.Learn more at https://www.sinclairrange.comFollow on Twitter @MartinisWScottFollow on LinkedIn https://www.linkedin.com/in/scott-sinclair-7b09681b/