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  1. business
  2. accounting
  3. part a) cost behavior is the -amount of sales nec

Part A) Cost behavior is the -amount of sales necessary to achieve a specific...

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Accounting

Part A) Cost behavior is the

-amount of sales necessary to achieve a specific profit

-difference between sales revenue and fixed costs

-way in which costs change when the activity level changes

-same as absorption costing

Part B) Total sales - total variable costs is equal to

-fixed costs

-net income

-margin of safety

-total contribution margin

Part C) A company's operating leverage refers to

-decisions about the use of debt vs equity

-how a company budgets for future operations

-the difference between actual or budgeted sales and the break even point

-the extent to which fixed costs are used to operate a business

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