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30 Oct 2018

Name the definitions given below:

______________

1.

Technique that examines changes inprofits in response to changes in sales volumes, costs, andprices.

______________

2.

Percent by which the selling price (orrevenue) per unit exceeds the variable cost per unit, orcontribution margin as a percent of revenue.

______________

3.

Diagram of the relationship betweentotal revenues and total costs; illustrates how an organization’sprofits are expected to change under different volumes ofactivity.

______________

4.

Index of the extent to which the costfunction is made up of fixed costs.

______________

5.

Total revenue minus total variable costs.

______________

6.

Proportion of different products or services that anorganization sells.

______________

7.

Excess of an organization’s expectedfuture sales (in either revenue or units) above the breakevenpoint.

______________

8.

The level of activity where equal costor profit occurs across multiple alternatives.

______________

9.

Selling price per unit minus variablecost per unit.

______________ 10.

Level of operating activity at whichrevenues cover all fixed and variable costs and there is noprofit.

______________ 11.

Margin of safety as a percentage ofactual or estimated sales (units or revenues).

______________ 12.

A systematic tendency for people to beoverly optimistic about the outcomes of their plans andprojects.

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Tod Thiel
Tod ThielLv2
1 Nov 2018

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