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Home Q & A Board Other Fields Homework Help Business Accounting
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rafiki121 rafiki121
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A year ago
Match the following terms to the appropriate statement by placing the letter to the left of each statement.

a.Break-even graphf.Markup
b.Break-even pointg.Margin of safety
c.Cost-plus pricingh.Operating leverage
d.Cost-volume-profit analysisi.Sales mix
e.Degree of operating leveragej.Target costing

______1.Sales revenue is exactly equal to total costs, and there is no profit or loss.
______2.The difference between current sales and break-even sales.
______3.Analysis that helps managers assess the impact of various business decisions
​on company profits.
______4.The change in operating income relative to a change in sales.
______5.The sales of each product relative to total sales
______6.Adds an amount to the cost of the product or service to cover the company's
​operating costs and contribute to its profit.
______7.Computes the desired markup and the maximum cost the company can incur
​to deliver a product or service at the market price.
______8.Illustrates the relationship between sales and costs, allowing managers to
view
​a range of results in a single glance.
______9.The difference between the selling price and the cost of the product.
______10.A way to compute the expected change in operating income due to a change
​in sales volume at a given level of sales.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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juniorpjuniorp
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A year ago
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rafiki121 Author
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A year ago
You make an excellent tutor!
ky
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
ky
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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