hho8e_ewp_18-13 - 5 Sales revenue minus variable costs 6...

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E18 13 (15 min) 1. Costs that do not change in total despite wide changes in volume 2. The sales level at which operating income is zero: Total revenues equal total costs 3. Drop in sales a company can absorb without incurring an operating loss 4. Combination of products that make up total sales
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Unformatted text preview: 5. Sales revenue minus variable costs 6. Describes how costs change as volume changes 7. Costs that change in total in direct proportion to changes in volume 8. The band of volume where total fixed costs remain constant and the variable cost per unit remains constant...
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