the normal operating range for a business is called the:\nmultiple choice\nmargin of safety.\ncontribution…
the normal operating range for a business is called the:\nmultiple choice\nmargin of safety.\ncontribution range.\nbreak - even point.\nrelevant range of operations.\nhigh - low point.
Answer
Brief Explanations:
- Margin of safety is the difference between actual or expected sales and sales at the break - even point.
- Contribution range is not a standard term in business operations.
- Break - even point is the level of sales at which total revenue equals total costs (both fixed and variable).
- Relevant range of operations is defined as the normal operating range for a business. Within this range, assumptions about cost behavior (such as fixed and variable cost classifications) are valid.
- High - low point is a method used in cost accounting to separate fixed and variable costs from a set of data.
Answer:
Relevant range of operations.