Definition: Van Diemen's Land, the island south of mainland Australia, is now known as Tasmania. In the 1800s it was a penal colony to which the British government sent convicts. Some of the Irish rebels tried for their parts in the Young Ireland movement of the 1840s were sent to Van Diemen's Land.n the 1800s it was a penal colony to which the British government sent convicts. Some of the Irish rebels tried for their parts in the Young Ireland movement of the 1840s were sent to Van Diemen's Land.
What is contribution margin? In accounting contribution margin is defined as revenues minus variable expenses. In other words, the contribution margin reveals how much of a company's revenues will be contributing (after covering the variable expenses) to the company's fixed expenses and net income.
Contribution Margin. An important term used with break-even point or break-even analysis is contribution margin. In equation format it is defined as follows: The contribution margin for one unit of product or one unit of service is defined as:At Oil Change Co. the contribution margin per car (or per oil change) is computed as follows:ontribution Margin. An important term used with break-even point or break-even analysis is contribution margin. In equation format it is defined as follows: The contribution margin for one unit of product or one unit of service is defined as: