Broadening Your Perspective



Broadening Your Perspective

Answer (a)

The breakeven point is one that that indicates the units of sales or in terms of amount. This amount of sales is sufficient enough to cover the cost of production or manufacturing to a company. The cost associated to a product production or manufacturing can be either variable or fixed. Variable cost is one that varies along with the change in number of units produced or manufactured. On the other hand fixed cost is one that does not change or vary as the number of units of produced. It remains same throughout the time period ...