Quantity of manufactured goods are sold at which total cost equal, is known as
A. breakeven point
B. cost point
C. revenue point
D. quantity point
Answer: Option A
Solution (By Examveda Team)
Quantity of manufactured goods are sold at which total cost equal, is known as breakeven point. The break-even point can be defined as a point where total costs (expenses) and total sales (revenue) are equal. Break-even point can be described as a point where there is no net profit or loss.This Question Belongs to Management >> Management Accounting
Join The Discussion