Examlex
A CASE tool is an environment that allows software developers to test their programs with fictitious data without adversely affecting other programs, information systems, or data.
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.
Break-even Point
The point at which total costs and total revenue are equal, meaning that there is no net loss or gain, and the business is not making a profit.
Direct Materials Cost
The cost of raw materials directly used in the production of products or services.
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