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> Exercises E21-25 Using terminology 1, 2, 3, 4, 5 Match the following terms with the correct definitions: a. Breakeven point b. Contribution margin C.
> Exercises E21-25 Using terminology 1, 2, 3, 4, 5 Match the following terms with the correct definitions: a. Breakeven point b. Contribution margin C. Cost behavior 1. Costs that do not change in total over wide ranges of volume. 2. Technique that estimates profit or loss results when conditions change. 3. The sales level at which operating income is zero. 4 Drop in sales a company can absorb without incurring an operating loss. d 5. Combination of products that make up total sales. 6 Net sales revenue minus variable costs e. Relevant range f. Sales mix g. Fixed costs h. Variable costs i. Sensitivity analyss 7. Describes how a cost changes as volume changes 8. Costs that change in total in direct proportion to changes in volume. 9 The band of volume where total fixed costs and variable cost per unt remain constant E21-26 Determining cost heharvior
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