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 organizationâsprofits 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 organizationâs 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.
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 organizationâsprofits 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 organizationâs 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. |