docx, 377.64 KB
docx, 377.64 KB

Learning objectives:
• To be able to calculate sales revenue and fixed, variable and total costs and profit.
• To be able to calculate the break-even point.
• To be able to plot fixed and variable costs on a chart (graph).
• To be able to construct a break-even chart.

Key words and phrases:
Break-even Fixed costs Variable costs Break-even graph
Total costs Sales revenue Selling price

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