Complete the CVP rules

Exercise and reference answers

Missing parts

1. Answer

   fixed

   Choices

   1. fixed
   2. variable
   3. marginal

2. Answer

   variable

   Choices

   1. variable
   2. fixed
   3. sunk

3. Answer

   break-even

   Choices

   1. break-even
   2. maximum
   3. closing

Complete the statement

Costs that do not move with output are {0}, contribution margin is price less {1} cost, and CVP analysis starts at the {2} point.

Instructions

Tap a word for each blank to complete the sentence.

Explanation