Which of the following best describes the break-even point?
A) the point at which total sales equal total cost
B) the point at which fixed costs equal variable costs
C) the point at which total sales are less than total cost
D) the point at which total sales are greater than total cost

Question

Quizplus · Accepted Answer

The break-even point is the point at which total sales (revenue) equals total cost, where there is no profit and no loss.

Which of the Following Best Describes the Break-Even Point