In a cost-volume-profit analysis, explain what happens at the break-even point and why
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In a cost-volume-profit analysis, explain what happens at the break-even point and why
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- What is the term used to describe costs that increase in steps? A. Variable costs B. Fixed costs C. Mixed costs D. Semi-fixed costsDefine the term ‘profit–volume ratio’ and explain how it can be used for cost–volume–profit analysis.On the cost- volume -profit graph , the area between the total cost line and the sales line before the break -even point represents a. The profit area b. The variable cost amount c . The contribution margin per unit d. The fixed cost amount d. The loss area
