Question: 2 . Match the following terms with the correct description. The difference between expected sales volume and the break - even point Answer 1 Question

2. Match the following terms with the correct description.
The difference between expected sales volume and the break-even point
Answer 1 Question 2Choose...Target profitBreak-even pointMargin of safetyContributionBreak-even analysisProfit
The amount of money the business would like to earn by selling goods or services
Answer 2 Question 2Choose...Target profitBreak-even pointMargin of safetyContributionBreak-even analysisProfit
The difference between total revenue and total costs
Answer 3 Question 2Choose...Target profitBreak-even pointMargin of safetyContributionBreak-even analysisProfit
The point where a business does not make a profit or loss.
Answer 4 Question 2Choose...Target profitBreak-even pointMargin of safetyContributionBreak-even analysisProfit
The difference between revenue and variable costs
Answer 5 Question 2Choose...Target profitBreak-even pointMargin of safetyContributionBreak-even analysisProfit
Identification of the impact that changes in selling price, variable cost, or fixed cost have on the break-even point
Answer 6 Question 2Choose...Target profitBreak-even pointMargin of safetyContributionBreak-even analysisProfit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!