Question
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Asked by artrailcoley
Match the following terms with their definitions. Definitions A....
Match the following terms with their definitions.
Definitions
A. Where a business's revenues exactly equal costs
B. Remain the same in total dollar amount as the level of activity changes
C. A specific activity range over which the cost changes are of interest.
D. The excess of sales revenues over variable costs
E. Vary in proportion to changes in activity levels
Terms
- Relevant range
- Break-even point
- Contribution margin
- Fixed costs
- Variable costs
Answer & Explanation
Answered by AlyzzaBuhain
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