Defining and calculating a break-even point
ID:CVBRP
Video Overview
An important tool for any business is break-even analysis as it calculates the number of units that a business needs to produce and sell in order for the business to cover its costs. In other words the level at which total costs are equal to total revenue. In this tutorial we will be discussing the various formulae for break-even analysis and how these are used to calculate both break-even point in units and rands.
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