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Use the data given below to answer the following question(s).
Following is the purchase order database of 'The Chef Says So', a restaurant in New York, over the last quarter (April-June).
-Fewer groups provide a "coarse" histogram.
Break-even Point
The level of sales at which profit is zero.
Degree of Operating Leverage
A ratio that measures how a percentage change in sales will affect profits, highlighting the impact of fixed costs on earnings.
Break-even Point
The level of sales at which total revenues equal total costs, resulting in no profit or loss for the business.
Variable Expenses
Costs that change in proportion to the activity or volume of operations in a business, such as raw materials and labor costs.
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