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Cornerstones of Managerial Accounting Study Set 1
Quiz 4: Costvolumeprofit Analysis: a Managerial Planning Tool
The Use of Fixed Costs to Extract Higher Percentage Changes
Question 145
Short Answer
The use of fixed costs to extract higher percentage changes in profits as sales activity changes
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The point where total sales revenue equals total cost
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Fixed expenses that cannot be directly traced to individual segments and that are unaffected by the elimination of any one segment
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