Match the appropriate terms with their definition Sales-Variable Expenses/Sales Breakeven point in sales dollars

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Match the appropriate terms with their definition Sales-Variable Expenses/Sales Breakeven point in sales dollars Breakeven point in units Margin of Safety Contribution Margin High-Low Method Calculation Degree of operating leverage Variable Cost Fixed Cost Target Profit in units A. Decreases on a per unit basis as activity increases B. Change in Cost-Change in Activity C. Fixed Cost +Target Profit/ Contribution Margin per unit D. Contribution Margin Ratio E. Sales-Breakeven Sales F. Contribution Margin/net income G. Fixed Costs/Contribution Margin Ratio H. Sales-Variable Expenses I. Fixed Cost/Contribution Margin per unit J. remains constant on a per unit basis as activity increases

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Answer. (Sales - Variable Expenses) / Sale = Contribution Margin Ratio Breakeven Point in sales dollars = Fixed Costs / Contribution Margin Ratio Breakeven Point in units = Fixed Costs / Contribution Margin per unit Margin of safety = Sales – Breakeven Sales Contribution Margin = Sales – Variable expenses High-low method = Change in Cost-Change in Activity Calculation of Degree of operating leverage = Contribution Margin / Net Income Variable cost = remains constant on a per unit basis as activity increases Fixed Cost = Decreases on a per unit basis as activity increases Target Profit in units = (Fixed Cost + Target Profit) / Contribution Margin per unit

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Match the appropriate terms with their definition Sales-Variable Expenses/Sales Breakeven point in sales dollars Breakeven point in units Margin of Safety Contribution Margin High-Low Method Calculation Degree of operating leverage Variable Cost Fixed Cost Target Profit in units A

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