1. Suppose a company operates below its break-even point, will the Income Statement show Net Loss or Net Income?

2. What is term for Sales less Variable Cost

3. Will a decrease in variable cost per unit increase OR decrease break-even point?

4. Will an increase in unit selling price increase OR decrease break-even point?

5. Will an increase in fixed costs increase OR decrease break-even point?

6.What is Contribution Margin/Net Operating Income?

7.What is Actual Sales - Break-even Sales?

8.What is the Break-even Formula?

9. What is the range of activity over which the behavior of a cost behaves consistently?

10.What cost is made up partially of fixed and paritally of variable portions?