Need some help
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Need some help
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? :)
Well... break-even is all sums equal (0). Total contribution must cover (equal) all fixed cost. The answer is true!
Exactly! :)
At breakeven
SP
-VC
=CM
-FC
=zero
True
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