[Choose) Costs that vary in direct proportion to changes in activity level, but remain constant on a per unit basis. Choose] Contribution margin per unit Correct Answer The range of activity over which the company expects to operate during the year Mixed costs Correct Answer Break-even point Correct Answer The level of activity at which total revenues equal total costs. Cost-volume profit income statement Correct Answer Contribution margin ratio Correct Answer The percentage of each dollar of sales that is available to apply to fixed costs and Variable Costs Correct Answer contribute to net income. Relevant range Correct Answer Costs that contain both a variable and a fixed Contribution Margin Correct Answer cost element. Fixed Costs Correct Answer Sales - Variable Costs = Margin of safety. Correct Answer TChoose [Choose An internal statement that classifies costs as fixed or variable and shows the contribution margin in the body of the statement. [Choose )