Breakeven

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  • Created by: Talae
  • Created on: 19-02-16 03:29

Break - Even

Break Even is when a business earns enough output to meet its total costs. The business neither makes a profit nor a loss.

Fixed Costs : dont vary with output

Variable Costs : vary with output

(http://www.readyratios.com/upload/iblock/25e/bep.jpg)

Equations:

Total Costs = Fixed Costs + Variable Costs

Total Revenue = Sale Price…

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