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Alimony and support payments owed to the debtor who files bankruptcy are part of the bankruptcy estate that can be distributed to the debtor's creditors for the payment of allowed claims filed with the bankruptcy court.
Contribution Margin Ratio
A financial metric that represents the portion of sales revenue that is not consumed by variable costs and can contribute to covering fixed costs.
Break-Even Point
The point at which total costs equal total revenue, resulting in no profit but also no loss.
Mixed Costs
Expenses that contain both variable and fixed cost elements, changing in total with the level of activity but not in direct proportion.
Direct Materials
Raw materials that are directly traceable and integral to the finished product in the manufacturing process.
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