Break-even analysis quiz

?
How do you calculate the break even point?
Fixed cost/ Selling price X Variable cost per unit
1 of 5
At what point does a company break even?
When the total revenue is equal to the total cost
2 of 5
What is the Margin of Safety?
The amount of units that can fall before a business reaches its break-even point
3 of 5
How do you calculate total costs?
Fixed costs + variable costs
4 of 5
What does a break even chart NOT show?
The fixed costs of a business
5 of 5

Other cards in this set

Card 2

Front

At what point does a company break even?

Back

When the total revenue is equal to the total cost

Card 3

Front

What is the Margin of Safety?

Back

Preview of the front of card 3

Card 4

Front

How do you calculate total costs?

Back

Preview of the front of card 4

Card 5

Front

What does a break even chart NOT show?

Back

Preview of the front of card 5

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Break-even analysis resources »