Break even Analysis
- It is the point where revenue becomes equal to costs.
- It helps the firms make decisions about prices, costs and the level of sales
Types of Costs
- fixed: fixed costs remain roughly the same regardless of sales / output levels
- variable: these change with the change in production levels or sales
Unit Contribution = Selling Price - Variable Cost
Unit Contribution = 200 - 100
Unit Contribution = Rs. 100
Break-even Point = Fixed Cost / Contribution Margin
Break-even Point = 30,000 / 100
Break-even Point = 300 Units