Asked by Oriana Gallardo on Jun 10, 2024
Verified
The systematic examination of the relationships among selling prices, volume of sales and production, costs, and profits is termed _____ analysis.
A) contribution margin
B) cost-volume-profit
C) budgetary
D) gross profit
Cost-Volume-Profit Analysis
The examination of the relationships among selling prices, sales and production volume, costs, expenses, and profits.
Contribution Margin
The amount of revenue remaining after deducting variable costs, which contributes to covering fixed costs and generating profit.
Gross Profit
The financial metric indicating the difference between revenue and the cost of goods sold, showcasing how efficiently a company is producing or sourcing its products.
- Implement cost-volume-profit analysis techniques in the context of business decision-making.
Verified Answer
Learning Objectives
- Implement cost-volume-profit analysis techniques in the context of business decision-making.
Related questions
The Contribution Margin Ratio Is the ...
Barclay Bikes Manufactures and Sells Three Distinct Styles of Bicycles ...
Compute the Dollar Sales to Earn the Target Pre-Tax Net ...
Which of the Following Statements About the Cost-Volume-Profit Graph Is ...
Cost-Volume-Profit Analysis Can Be Presented in Both Equation Form and ...