E-M:4-27 Using terminology Match the following terms with the correct definitions: Match terms.

Definitions Terms 1. Costs that do not change in total over wide ranges of volume. a. Breakeven point 2. Technique that estimates profit or loss results when conditions change. b. Contribution margin 3. The sales level at which operating income is zero. c. Cost behavior 4. Drop in sales a company can absorb without incurring an operating loss. d. Margin of safety 5. Combination of products that make up total sales. e. Relevant range 6. Net sales revenue minus variable costs. f. Sales mix 7. Describes how a cost changes as volume changes. g. Fixed costs 8. Costs that change in total in direct proportion to changes in volume. h. Variable costs