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The concept of break even analysis, which is used to determine the point at which a business can cover all its expenses and begin to make a profit. It covers factors to be considered in the analysis, such as fixed and variable costs, total revenue, and contribution margin. It also explains how to calculate contribution margin per unit and margin of safety. formulas and examples to illustrate the concepts.
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FACTORS TO BE CONSIDERED IN THE BEP ANALYSIS
FACTORS TO BE CONSIDERED IN THE BEP ANALYSIS
Break Even Analysis
Break Even Quantity and BES.
Margin of Safety