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| 1. |
What is the meant by break-even point ? |
| Answer» <html><body><p></p>Solution :The break-even point (BEP) or break-even level represents the <a href="https://interviewquestions.tuteehub.com/tag/sales-25569" style="font-weight:bold;" target="_blank" title="Click to know more about SALES">SALES</a> amount—in either unit (quantity) or revenue (sales) terms—that is required to cover total costs, <a href="https://interviewquestions.tuteehub.com/tag/consisting-930072" style="font-weight:bold;" target="_blank" title="Click to know more about CONSISTING">CONSISTING</a> of both fixed and <a href="https://interviewquestions.tuteehub.com/tag/variable-1442996" style="font-weight:bold;" target="_blank" title="Click to know more about VARIABLE">VARIABLE</a> costs to the <a href="https://interviewquestions.tuteehub.com/tag/company-924982" style="font-weight:bold;" target="_blank" title="Click to know more about COMPANY">COMPANY</a>.</body></html> | |