Match the definition with its term. Costs that vary in direct proportion to changes in activity level, but remain constant on a per unit basis. The range of activity over which the company expects to operate during the year The level of activity at which total revenues equal total costs. The percentage of each dollar of sales that available to apply to fixed costs and contribute to net income. Costs that contain both a variable and a fixed cost element. Sales - Variable Costs = An internal statement that classifies costs a fixed or variable and shows the contribution margin in the body of the statement. The "cushion" that management has, allowing it to break even if expected sales fail to materialize. Costs that remain the same in total regardiess of changes in the activity level, but vary on a per unit basis. The "cushion" that management has, allowing it to break even if expected sales fail to materialize. Costs that remain the same in total regardless of changes in the activity level, but vary on a per unit basis. The amount of revenue remaining per unit after deducting variable costs Question 2