The breakeven point is where:
A)total revenue equals total costs.
B)total assets equal total liabilities plus owner's equity.
C)fixed cost equals variable cost.
D)total profit equals total costs.

Question

Quizplus · Accepted Answer

The breakeven point is the level of sales or the volume of units sold at which total revenues equal total costs. At this point, there is no profit or loss, and the company has covered all of its expenses. Therefore, option A is the correct answer.

The Breakeven Point Is Where