What is Break even Point
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Break Even point.: The break-even point in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal.
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⭐ BREAK EVEN POINT ❤
The break even point is the production level where total revenues 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.
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