140.Match the following terms with the appropriate definitions.
1. Sales less variable expenses. Gross margin 10
2. An income statement format that focuses on cost behavior. Break-even point 4
3. Direct labor, direct materials, and manufacturing overhead. Manufacturing margin 8
4. A specific number of units sold that produces total income equal to zero. Absorption costing 9
5. A costing method that includes only variable manufacturing costs. Period costs 6
6. Costs that are expensed in the period they are incurred. Contribution margin 1
7. Contribution margin divided by sales. Variable costing 5
8. Sales less variable production costs. Product costs 3
9. A costing method that includes all manufacturing costs. Contribution format 2
10. Sales less cost of goods sold. Contribution margin ratio 7