Examlex
________________ includes currency, coins, and amounts on deposit in checking accounts and many savings accounts.
Labor Cost
Refers to the total expense incurred by employers for the compensation of their workforce, including wages, benefits, and taxes.
Materials Cost
The total expense to an entity for all materials used in the production of a product or service.
Break-even Chart
A graphical representation used in financial analysis to show the point at which total costs and total revenue are exactly equal; thus, there is no loss or gain.
Break-even Point
The financial state where total costs and total revenues are equal, meaning there is no net loss or gain, and one has "broken even."
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