2.2.3 BREAK EVEN

avatar
Created by
Avantika Gurung

Cards (3)

  • Break-even
    • The level of output where the total revenue is equal to the total cost. Fixed costs/Unit contribution
    • The level of output where the total revenue is equal to the total cost
  • Unit contribution
    Selling price - variable cost per unit
  • Margin of safety
    The difference between the current or planned level of output/sales and the break-even level of output