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Choices for each question. 1.Variable Cost, Volume, Fixed Cost Break Even Point, Bottom Line 2. fixed cost, revenue, variable cost, break-even point, bottom line 3.total

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Choices for each question.

1.Variable Cost, Volume, Fixed Cost Break Even Point, Bottom Line

2. fixed cost, revenue, variable cost, break-even point, bottom line

3.total cost, bottom line, revenue, break-even point, net income

4.Incremental Cost, Variable Cost, Gross Cost, Net Cost, Fixed Cost

5.Variable Cost, Net Cost, Gross Cost, net Cost, Fixed Cost

6.Return on investment chart, Total revenue chart, total profit chart, break-even chart, profitability chart.

Concept Check What do we call the volume of product items that must be sold before a select company can start to make a profit? 2.What is the term for the amount of money received for the sale of select products (i.e., the number of product items sold multiplied by the price of each item)? 3What term is used to denote the sum of the fixed costs and the variable select costs? What term is used to denote the cost that will be incurred by a business,select even if it fails to sell anything? 5. What term is used to denote the cost that must be incurred in order to select acquire or produce one product unit? . What term is used to refer to the graph displaying lines for fixed costs, select total costs, and total revenue, as a way to show the number of units that must be sold in order to make a profit

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