Asked by
Holland Mills
on Oct 15, 2024
Verified
The sales level at which a company neither earns a profit nor incurs a loss is the:
A) Relevant range.
B) Margin of safety.
C) Step-wise variable level.
D) Break-even point.
E) Contribution margin.
Break-Even Point
The point at which total costs and total revenue are equal, meaning no net loss or gain, and the business is breaking even.
- Figure out the level at which selling efforts yield no profit or loss, in the context of items sold and revenue in dollars.
Verified Answer
SR
Learning Objectives
- Figure out the level at which selling efforts yield no profit or loss, in the context of items sold and revenue in dollars.
Related questions
A Company Has Fixed Costs of $270,000,a Unit Contribution Margin ...
Maroon Company's Contribution Margin Ratio Is 24 ...
A Proposed Project Has Fixed Costs of $2,401 ...
A Proposed Project Has Fixed Costs of $3,700, Depreciation Expense ...
Valdez Corporation Has Provided the Following Contribution Format Income Statement ...