Match Each Definition with the Correct Term Below

question 16

Multiple Choice

Match each definition with the correct term below.
-Deep

• A)Cavity that contains the heart and lungs
• B)Cavity that contains the brain
• C)Cavity that contains the spinal cord
• D)Cavity that contains the bladder and reproductive organs
• E)Cavity that contains the stomach and liver
• F)To the left
• G)Away from an organ
• H)Lying on one's belly
• I)Toward the side
• J)Pertaining to the head
• K)Pertaining to the sole of the foot
• L)Far or farther from the point of attachment/origin
• M)Toward the head
• N)Toward the tail
• O)Back of body
• P)Away from the surface

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Definitions:

Contribution Margin

The amount remaining from sales revenues after all variable expenses have been deducted.

Segment Margin

The amount of profit or loss generated by a particular segment of a business, considering only the revenues and costs directly attributable to the segment.

Absorption Costing

A financial recording technique that incorporates all expenses related to production, such as direct materials, direct labor, and variable as well as fixed manufacturing overhead costs, into the product's cost.

Unit Product Cost

The total cost (direct materials, direct labor, and overhead) assigned to a single unit of product.