break-even report

break-even report

What is break-even and its importance to a business.
Main body: Include a break-even chart (graph) and an explanation of key terms- Fixed costs,Variable costs,Total costs,Total revenue,Cost and Revenue,Units of outputs,Break-even point,Area of loss,Area of profit,Margin of safety.

The importance and usefulness of break-even.
The report should make clear the distinction between profit and contribution.

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