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Variable Expenses
Costs that change in proportion to the level of activity or volume of production in a business.
Sales
The total revenue generated from goods or services sold by a company during a specific period.
Contribution Margin Ratio
The ratio of contribution margin to sales revenue, indicating the percentage of each sales dollar available to cover fixed costs and generate profit.
Break-even Point
The level of sales at which total revenues equal total costs, resulting in no profit or loss.
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