ACCOUNTING 2302 DEFINITIONS.

MATCH THE FOLLOWING TERMS WITH THE CORRECT DEFINITIONS.

Match the following terms with the correct definitions 2. 3. 4. 5. 6. 7. 8. 9. Costs that do not change in total over wide ranges of volume. Technique that estimates profit or loss results when conditions change. The sales level at which operating income is zero. Drop in sales a company can absorb without incurring an operating loss. Combination of products that make up total sales. Net sales revenue minus variable costs. Describes how a cost changes as volume changes. Costs that change in total in direct proportion to changes in volume. The band of volume where total fixed costs and variable cost per unit remain constant.