what is break even point . explain with a diagram?
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In its simplest form, the break-even chart is a graphical representation of costs at various levels of activity shown on the same chart as the variation of income (or sales, revenue) with the same variation in activity. ... OB represents the total fixed costs in the business.
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1
Answer:
In its simplest form, the break-even chart is a graphical representation of costs at various levels of activity shown on the same chart as the variation of income (or sales, revenue) with the same variation in activity. ... OB represents the total fixed costs in the business.
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