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Break-even Point
The point at which total costs equal total revenue, indicating no profit or loss.
Contribution Margin
The amount by which sales revenue exceeds variable costs, contributing towards fixed costs and profit.
Selling Price
The amount of money charged to customers for a product or service, determined by factors like cost, market demand, and competition.
Break-even Sales
The amount of revenue from sales that is exactly sufficient to cover all fixed and variable expenses, resulting in zero profit or loss.
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