Examlex
Predict the product(s) for the following reaction.
Contribution Margin
The amount remaining from sales revenue after variable expenses have been deducted; indicates the contribution towards covering fixed expenses and generating profit.
Net Income
The income a company retains after deducting all costs, taxes, and expenses from its total revenue.
Discretionary Fixed Costs
Discretionary fixed costs are fixed expenses that can be adjusted or eliminated without directly impacting the short-term productivity of the business, such as advertising or research and development costs.
High-Low Method
An accounting technique used to estimate the variable and fixed components of a company's costs, based on the highest and lowest levels of activity.
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