Fill in the Blank QuestionFill in the blank question.The break-even point can be expressed as sales in or .
Question
Fill in the Blank Question
The break-even point can be expressed as sales in ___ or ___.
Solution
Understanding the Break-Even Point
-
Definition: The break-even point is the level of sales at which total revenues equal total costs, resulting in neither profit nor loss.
-
Common Expressions: The break-even point is typically expressed in two primary ways:
- As a certain amount of sales revenue (usually in the currency of the business, e.g., dollars, euros).
- As a quantity of units sold (the number of items that need to be sold to cover costs).
Answer
The break-even point can be expressed as sales in dollars or units.
Similar Questions
The breakeven point is the point at which:a.Costs exceed revenuesb.Revenues exceed costsc.Profits reach their maximum leveld.No profit or loss is incurred
otal sales Rs. 20,00,000; Fixed expenses Rs. 4,00,000; P/V Ratio 40%; Break-even capacity in percentage is .a.50% .b.40% .c.45%.d.60%
Fill in the Blank QuestionFill in the blank question. income after taxes is the last line on the income statement.
Actual sales Rs .4,00,000; Break-even sales Rs. 2,50,000; Margin of Safety in percentage is _.a.33.33%.b.76.33%.c.37.5% .d.66.67%
The value of EBIT at which EPS is equal to zero is known as Break even point Operating break even point Overall break even point Financial break even point
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.