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The excess of sales revenues over variable costs 1. Relevant range Where a business's revenues exactly equal costs 2. Break-even point Vary in proportion to
The excess of sales revenues over variable costs 1. Relevant range Where a business's revenues exactly equal costs 2. Break-even point Vary in proportion to changes in activity levels 3. Contribution margin 4. Fixed costs A specific activity range over which the cost changes are of interest. 5. Variable costs Remain the same in total dollar amount as the level of activity changes
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