Average and Median Earnings. As of 2011, electricians earned an average of $52,910 per year, according to the Bureau of Labor Statistics. The average hourly pay for an electrician was estimated to be $25.44.The median annual income of electricians in the United States was $49,320, and the median-earning 50 percent of electricians made between $37,570 and $65,260 a year.s of 2011, the highest-paid electricians were those who taught at business schools. These workers earned an average of $79,250 a year. Most electricians worked as building equipment contractors, earning an average annual income of $52,600.
The contribution margin, sometimes used as a ratio, is the difference between a company's total sales revenue and variable costs. In other words, the contribution margin equals the amount that sales exceed variable costs. This is the sales amount that can be used to, or contributed to, pay off fixed costs.
Contribution margin, in any of its forms, explains how different factors in the company â sales price, sales volume, variable costs, and fixed costs â interact. This understanding helps you make better decisions when planning sales and costs.