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6 Cards in this Set

  • Front
  • Back
Graphs of variable costs look like
Straight line
Contribution Margin means?
How much you have to cover a fixed cost and provide a profit
Figure Breakeven (with target operation Income)
Fixed Cost/Sell cost - Variable cost
Goal Conflict
Individual self-interest differs from business objectives
Budgetary slack
Lower goals/"Padding"
Flexible vs. Static Budget
Shows multiple activity levels vs. one activity level