Question $1$

Match the items below by selecting from the drop$-$down menu.

The amount of revenue remaining after deducting

variable costs.

Costs that contain both a variable and fixed

element.

A cost that cannot be changed by any present or

future decision.

The difference between actual or expected sales

and sales at the break$-$even point.

Costs that vary in total directly and

proportionately with changes in the activity level.

The potential benefit that may be lost from

following an alternative course of action.

The level of activity at which total revenues equal

total costs.

The range over which the company expects to

operate during the year.

Costs that remain the same in total regardless of

changes in the activity level.

A method of splitting mived costs into variable anc

fixed portions.

The percentage of sales dollars available to cover

fixed costs and produce income.

Costs that differ across altematives.