Examlex
Which of the following statements is FALSE concerning positioning?
Margin Of Safety
The excess of budgeted or actual dollar sales over the break-even dollar sales.
Margin Of Safety Percentage
A financial ratio that measures the difference between actual or projected sales and the break-even point, expressed as a percentage of sales.
Contribution Margin
The amount remaining from sales revenue after variable production costs are deducted, contributing to covering fixed costs and generating profit.
High-Low Method
A technique used in accounting to estimate variable and fixed costs based on the highest and lowest levels of activity.
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