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Break-even Point
The sales amount where the total income matches the total expenses, leading to neither profit nor loss for the company.
High-low Method
An analytical technique used in accounting and finance to estimate fixed and variable costs associated with business operations based on the highest and lowest levels of activity.
Fixed Cost
Costs that do not vary with the level of production or sales, remaining constant regardless of the amount of goods or services produced or sold.
Electricity
A form of energy resulting from the existence of charged particles, used as a power source for machinery and equipment.
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