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Break-Even Point
The sales volume at which net income is zero; the intersection of the total cost and total revenue lines on a break-even chart.
Break-Even Point
The point at which costs or expenses and revenue are equal, resulting in no net loss or gain from a business or investment.
Variable Cost
Variable cost is the cost that changes in direct proportion to the volume of output or activity in production, services, or other cost-incurred activities.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.
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