Examlex
Select the correct description for each of the abbreviations
-GI
Unit Contribution Margin
The difference between the selling price per unit and the variable cost per unit. This margin helps determine how each unit sold contributes to fixed costs and profits.
Per Unit
Denotes the cost or value associated with each individual unit of a product or service.
Break-even Point
The point where total sales revenue is equal to total expenses, yielding neither profit nor loss.
Sales Mix
Sales mix is the proportion of different products or services that a business sells, impacting the overall profitability based on the differing margins of each item.
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