Q259
Quantity of manufactured goods are sold at which total cost equal, is known as
A.
breakeven point
AnswerB.
cost point
C.
revenue point
D.
quantity point
Answer: Option A
Solution
Answer: Option A
Solution:
Quantity of manufactured goods are sold at which total cost equal, is known as breakeven point. The break-even point can be defined as a point where total costs (expenses) and total sales (revenue) are equal. Break-even point can be described as a point where there is no net profit or loss.