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Fixed Costs
Expenses that do not change with the level of production or sales over the short term, such as rent and salaries.
Unit Contribution Margin
The difference between the selling price per unit and the variable cost per unit of a product.
Break-even Point
The level of production or sales at which total revenues equal total expenses, and the business makes neither a profit nor a loss.
Unit Contribution Margin
The difference between the selling price per unit and the variable cost per unit, indicating how much each unit sold contributes to covering fixed costs and generating profit.
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