In this informative Powerpoint Presentation I cover:
The concept and calculation of:
- revenue
- fixed and variable costs
- total costs
- profit and loss
- interest
- break even level of output
- margin of safety
Interpretation of break even diagrams: - the impact of changes in revenue and costs
- break even level of output
- margin of safety
- profit and loss.
At the end there is an activity to help students understand and produce a breakeven chart.
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