Question

Contribution is the difference between​

Answer 1

Answer:

All organisations that are run with the objective of making a profit will complete a profit and loss report at the end of each financial period. This will show the revenue they have received, the amount that has been paid out in expenses, and the remaining amount of profit that has been made.

Answer 2

Explanation:

The difference, therefore, between contribution and profit is that contribution shows the difference between the sales price and variable costs for specific products. ... Profit, on the other hand, is the difference between sales and costs for the whole of the business.