Cost-Volume-Profit Analysis is about formulas and ratios used to determine the profitability of individual products and/or operations. Variable Costing is a way to calculate profitability of a firm’s operations by either calculating the contribution margin or gross profit. Still using the company from your Week 1 (Toys R Us), please discuss how the contribution margin might be used to determine the profitability of that product and how it’s used to make the operations more profitable. Post must be at least 250 words with one external reference in APA format
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