A(n)____________________ Button Allows You to Click Once to Format the Selected

question 27

Short Answer

A(n)____________________ button allows you to click once to format the selected text,and click again to remove the formatting from the selected text.

---

Definitions:

Variable Costs

Expenses that vary in relation to the amount of production or business activity.

Fixed Costs

Costs that do not change with the level of output produced, such as rent and salaries.

Break-Even Point

The financial analysis term where total costs and total revenues are equal, resulting in no net loss or gain for the business.

Contribution Margin

Contribution margin is the amount remaining from sales revenue after variable expenses are deducted, showing how much contributes to covering fixed costs and profit.