Discussion :: Industrial Engineering and Prod'n Mgmt
- At the break-even point,
|
A.
Total cost is more than the sales revenue |
|
B.
Total cost is less than the sales revenue |
|
C.
Total cost is equal to sales revenue |
|
D.
Fixed cost is equal to variable cost |
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Answer : Option C
Explanation :
the break-even point refers to the revenues necessary to cover a company's total amount of fixed and variable expenses during a specified period of time.
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