Enter the letter : Matching Terms and Definitions (10 point iches each of the fallowing definitions in the space provided A. Gross margin B. Product costs E. Break- even point C. Period costs D. Contribution margin 1. Di rect labor, direct materials, and manufacturing 2. Sales less variable expenses 3. Costs that are expensed in the period they are incurred. 4. Sales less cost of goods sold. 5. A sales level at which the company neither eams an income notr sales level Terms E. Contribution margin ratio A. Contribution margin B. Gross margin C. Absorption costing D. Variable costing Definitions: 6. Contribution margin divided by sales. 7. Sales less cost of goods sold 8. A costing method that includes only variable manufacturing costs. 9. A costing method that includes all manufacturing costs. 10. Sales less variable expenses