Match each item with the correct statement below.
-The units sold or expected to be sold or sales revenue earned or expected to be earned above the break-even volume.
A)break-even point
B)Common fixed expenses
C)Contribution margin
D)Direct fixed expenses
E)Margin of safety
F)Operating leverage
G)Degree of operating leverage
H)Sales mix

Question

Quizplus · Accepted Answer

The margin of safety represents the difference between actual or projected sales and the sales at the break-even point, indicating the units sold or sales revenue earned above the break-even volume.

Match Each Item with the Correct Statement Below