Question

What do you mean by the Break-even point ?

Answer 1

Answer:

The break even point is the production level where total revenue equals total expenses.In other words, the break even point is where a company produces the same amount of revenues as expenses either during a manufacturing process or an accounting period.

hope it helps you..

Mark brainliest and follow me.

Answer 2

The Break-even point is the point at which any firm gets neither profit nor loss.

What are the uses of the break-even point?

• It is used to calculate profit at various levels of sale and to earn the maximum profit
• It predicts margin of safety which is the difference between the sales and break-even point
• It also predicts the changes that occur in fixed and variable cost on the break-even point
• It is useful to know about the techniques of profit planning and also helpful in decision making