Examlex
While reviewing a health insurance plan,the nurse learns that a client has coverage for durable medical equipment (DME) .What care need should the nurse identify as being covered by the client's health plan?
Variable Expense
Expenses that vary directly with the amount of production or the degree of operational activity.
Contribution Margin Ratio
The percentage of each sale that exceeds the variable costs of production.
Break-even Point
The level of production or sales at which total revenues equal total expenses, resulting in neither profit nor loss.
Margin of Safety
The difference between actual or projected sales and the break-even point, indicating the cushion a business has before it incurs a loss.
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