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When microbiologists encounter a sputum specimen, they know that the upper respiratory tract contains many indigenous organisms and to identify every organism in the culture would be a time-consuming, cost-prohibitive, and insurmountable task.So microbiologists must:
Break-Even Point
The production level or sales volume at which total revenues equal total costs, resulting in neither profit nor loss.
Margin of Safety
The difference between actual sales and the break-even point, indicating the level of risk in not covering fixed costs.
Composite Units
A measure used in costing to represent a bundle or mix of goods or services treated as a single unit.
Break-Even Point
The financial state in which total costs equal total revenues, resulting in neither profit nor loss.
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