Unknown008
Jul 16, 2011, 06:02 AM
What is the definition of 'break-even-point'?
What does contribution margin mean?
If you know those two, you'll be able to answer this question easily. What do you get? :)
Keita
Jul 16, 2011, 10:33 PM
Well... break-even is all sums equal (0). Total contribution must cover (equal) all fixed cost. The answer is true!
bselgamal
Jan 29, 2013, 05:10 PM
At breakeven
SP
-VC
=CM
-FC
=zero