A number of terms are listed below: contribution margin cost-volume-profit analysis capital intensive operating leverage gross margin sales mix contribution margin percentage breakeven point margin of safety
Required
Select the terms from the above list to complete the following sentences (use each term only once).
1. A term for a company with a high percentage of fixed costs in its cost structure is ______________ .
2. ______________ is a model to analyze the behaviour of net income in response to change in total revenues, total costs, or both.
3. The ______________ in units is the quantity of units sold to attain an operating income of zero.
4. ______________ describes the effects that fixed costs have on changes in operating income as changes occur in units sold and contribution margin.
5. The ______________ is equal to revenue less variable costs.
6. The ______________ equals the contribution margin per unit divided by the selling price per unit.
7. The ______________ equals revenues less cost of goods sold.
8. The ______________ is the quantities of various products (or services) that in sum are the total sales volume of a company.
9. The ______________ is the amount by which expected (or actual) revenues exceed breakeven revenues.