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A A A Aa A A2A Styles Dictate ! Styles Pane Term Cost-volume- profit analysis Definition The proportion of products based upo
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Definition Term
a. The proportion of products based upon the number of units sold. None of these are correct
b. The proportion of products sold based on total sales revenue. Sales mix
c. Analysis that focuses on relationships among revenue, volume, mix of units sold, variable and fixed costs. Cost-volume-profit analysis
d. Analysis that focuses on determining the number of units or sales revenue required to generate a desired net income. Target profit analysis
e. Analysis that focuses on determining the number of units or sales revenue required to generate a zero profit. Break-even analysis
f. Analysis to determine if changing underlying assumptions would affect the decision. None of these are correct
g. Contribution margin = Fixed costs Break-even point
h. Analysis that expresses each line of the income statement as a percentage of total sales. None of these are correct
i. Average unit contribution of multiple products weighted by the percentage of units sold. None of these are correct
j. Average contribution margin ratio of multiple products weighted by the percentage of total sales revenue. Weighted-average contribution margin ratio
k. Actual (or budgeted) sales plus break-even sales. Margin of safety
l. The extent to which fixed costs are used to operate a business. Degree of operating leverage
m. The extent to which variable costs are used to operate a business. None of these are correct
n. Difference between actual or budgeted sales and the break-even point. None of these are correct
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