CVP Analysis Test Acctg 48 V2 Place the letter of the term (A- O) in the space next to the number of the defintion that provides the best match A relevant range B variable costs C operating profit D operating leverage E mixed cost F margin of safety G Interpolation H high-low method 1 foxed costs J unit contribution margin K cost volume profit analysis L extrapolation M contribution margin ratio N contribution margin O breakeven point 1. Costs that vary in total dollar amount as the level of activity changes 2. Sales less variable costs of goods sold and variable selling and administrative expenses 3 The difference between current sales revenue and the sales at the breakeven point 4. The percentage of each sales dollar that is available to cover the fixed costs and provide an operating income 5. Costs that tend to remain the same in amount, regardless of variations in the level of activity 6. A measure of the relative mix of a business's variable costs and fixed costs, computed as contribution margin divided by operating income 7. A technique that uses the highest and lowest total cost as a basis for estimating the vaniable cost per unit and the fixed cost component of a mixed cost. equal. 8. The level of business operations at which revenues and expired costs are The systematic examination of the relationships among costs, expenses, sales and operating profit or loss. 9. 10. The dollars available from each unit of sales to cover fixed costs and provide operating profits