Examlex
A genetic trait causes double muscling in cattle.Breeders mate individuals with this trait to increase muscle mass in their herd.This is an example of ____________.
Break-even Point
The production level at which total revenues equals total expenses, resulting in neither profit nor loss.
Mixed Cost
Expenses that have both a fixed and variable component, changing somewhat in response to changes in production volume or activity levels.
Machine Hour
A measure used to allocate costs to products or services based on the number of hours a piece of equipment is operated.
Cost-volume-profit Analysis
A managerial accounting technique used to analyze how changes in costs and volume affect a company's operating income and net income.
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