Break even point
Ace your homework & exams now with Quizwiz!
Margin of safety
difference between your actual or expected profitability and the break even point.
break even
Costs and expenses equal to income revenues
Contribution Margin
The amount remaining from sales revenues after all variable expenses have been deducted.
Target Net Income
The sales necessary to achieve a specified level of income.
break-even point
the point at which the costs of producing a product equal the revenue made from selling the product
