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Excel project 1.docx - Avax Corporation Memo To: Avax...

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Avax CorporationMemoTo:Avax CorporationFrom:Bernardita VillalbaDate:3rd October 2021Re:Excel File with the accounting dataIn the Excel File you can see the accounting data divided in two income statements withdifferent formats, absorption or variable. The absorption format shows the gross profitmargin that measures the amount of revenue thar remains after subtracting cost directlyassociated with production. Also, it includes all costs associated with a production process
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Contribution Margin, Avax Corporation

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