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Match the following terms (a-e) with their definitions. Clear All Graphically shows costs, sales, and operating profit or loss at various levels of units sold

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Match the following terms (a-e) with their definitions. Clear All Graphically shows costs, sales, and operating profit or loss at various levels of units sold Sales mix The relative distribution of sales among products sold by a company Margin of safety Indicates the possible decrease in sales that may occur before operating loss results Profit-volume chart Plots only the difference between total sales and total costs Cost-volume-profit chart Contribution margin divided by income from operations Operating leverage LIPPOO OO Match the following terms with their definitions. Clear All Where a business's revenues exactly equal costs Contribution margin Remain the same in total dollar amount as the level of activity changes Variable costs A specific activity range over which the cost changes are of interest. Break-even point Vary in proportion to changes in activity levels Relevant range The excess of sales revenues over variable costs Fixed costs

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