The amount of product that must be sold at a given price to generate sufficient revenue to cover total costs - both fixed and variable is the:
A) breakeven volume.
B) maximum sales volume.
C) fixed cost coverage level.
D) gross sales.

Question

Quizplus · Accepted Answer

Breakeven volume is the amount of product that must be sold at a given price to generate enough revenue to cover all costs, including both fixed and variable costs.

The Amount of Product That Must Be Sold at a Given