Asked by Dellarose Dickson on May 25, 2024
Verified
If a business sells four products, it is not possible to estimate the break-even point.
Break-even Point
The point at which total costs and total revenue are equal, meaning no net loss or gain, and one has "broken even".
- Comprehend the utilization of Cost-Volume-Profit analysis in enterprises offering a variety of products.
Verified Answer
AS
abdullah shehrozMay 28, 2024
Final Answer :
False
Explanation :
It is possible to estimate the break-even point for a business selling multiple products by calculating the overall contribution margin and fixed costs for all products combined.
Learning Objectives
- Comprehend the utilization of Cost-Volume-Profit analysis in enterprises offering a variety of products.