What is break-even and its importance to a business.
Main body: Include a break-even chart (graph) and an explanation of key terms- Fixed costs,Variable costs,Total costs,Total revenue,Cost and Revenue,Units of outputs,Break-even point,Area of loss,Area of profit,Margin of safety.
Main body: Include a break-even chart (graph) and an explanation of key terms- Fixed costs,Variable costs,Total costs,Total revenue,Cost and Revenue,Units of outputs,Break-even point,Area of loss,Area of profit,Margin of safety.
The importance and usefulness of break-even.
The report should make clear the distinction between profit and contribution.
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The report should make clear the distinction between profit and contribution.
FOR MORE INFORMATION ON THIS TOPIC CLICK HERE
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