What is Break Even Point?

Answer Posted / rajesh

It means no profit no loss.It is equal to variable cost and
fixed cost.

Is This Answer Correct ?    2 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

1.What are the basic accounting Standards ?? 2.What is the main importance of Bank Reconcilation Statement? 3. What is Form 407 in Vat ??

1640


How shall I calculate the true profit of my business, as I am a layman for accounting.

1553


From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

3768


how can i make transaction related to inflation account in sap ?

1578


What is DECR And for wt it is used?

1657






What is cash clearing account

1409


what salary you expect???

1693


Short Answer on _________Accounts Receivable

1460


Short Answer on ______Budget

1544


Why does one need a broker?

1824


What are the benefits ofparticipation in a depository?

1585


Process of the settlement cycle?

1625


How to maintain Purchase Orders ? Please explain by proper format.

1804


CAN ANY OF U TELL ME WHAT QUESTION ACTUALLY ASK IN OPERATION ROUND IN BA CONUTNNIUM SOLUTION

1540


What are the benefits ofparticipation in a depository?

2015