break even

Essay specific features

 

Issue:

Business

 

Written by:

John R

 

Date added:

February 14, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1202

 

Was viewed:

9093 times

 

Rating of current essay:

 
Essay content:

To work out the break even point of a business you need 3 important components which are: 1. Fixed costs, which are not usually associated with production- these are costs that are at a set price and will not change if income is high or low e.g. Rent and insurance. 2. Variable costs- these are costs that change depending on amount of use and output of sales and the capacity of production e...
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Variable costs- these are costs that change depending on amount of use and output of sales and the capacity of production e.g. Electricity, parts and materials. The fixed costs and the variable costs amount to the total costs. 3. Selling price- The price at which they are going to sell their product or service...
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