Examlex
Change the following binary number to decimal form. 1010001
Variable Costs
Costs that change in proportion to the level of activity or volume of production.
Break-even Point
The point of business operation at which revenues equal expenses, resulting in no net loss or gain.
Variable Costs
Expenses that change in direct proportion to the amount of production or the volume of sales.
Fixed Costs
Costs that do not change with the level of production or sales, such as rent, salaries, and insurance expenses.
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