The Break-Even Point (BEP) = [Fixed Cost ÷ (Unit Price

question 77

Multiple Choice

The break-even point (BEP) = [Fixed cost ÷ (Unit price − ________) ].

• A) Total cost
• B) Total expense
• C) Marginal revenue
• D) Unit variable cost
• E) Total number of units produced or quantity

---

Definitions:

Affirmation

A positive statement or declaration, often used in the context of legal oaths.

In Pari Delicto

In equal fault.

Illegal Agreement

A contract or agreement that is not enforceable by law because it involves activities that are against the law or public policy.

Voidable

Voidable refers to a legal contract or transaction that is valid and enforceable on the surface but may be declared void by one of the parties due to certain defects or conditions.