_____ includes both cost and revenue data for an item to identify the point where revenue equals cost, and the expected profit or loss at different production volumes.

Question

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Break-even analysis is a financial tool that helps determine the minimum sales volume needed to break even and covers all the costs associated with producing and selling goods or services. It includes both cost and revenue data to identify the point where revenue equals cost, indicating that profit or loss is zero. This analysis also calculates the expected profit or loss at different production volumes.

_____ Includes Both Cost and Revenue Data for an Item