BTEC L2 U2 - Breakeven

On a break even chart, which line starts at zero?

• Total Revenue

• Fixed Costs

• Total Costs

• Variable Costs

On a break even chart, which line is horizontol?

• Total Revenue

• Fixed Costs

• Total Costs

• Variable Costs

On a break even chart, which line starts at fixed costs?

• Total Revenue

• Fixed Costs

• Total Costs

• Variable Costs

On a break even chart, where is breakeven?

• Total Revenue = Total Costs

• Fixed Costs = Total Revenue

• Total Costs = Fixed Costs

• Variable Costs = Total Revenue

Break Even is measured in

• Output

• £

What appears on the x axis on a Break Even Chart?

• Revenue

• Total Costs

• Output/Number of units

• Sales Revenue

If you produce a number of units that is below the break-even point you will...

• Make a loss

• Make a profit

• Make no money at all

What is the margin of safety?

• The difference between your chosen output and the break even point

• The difference between sales and output

• The difference between profit and loss

• The difference between Total Revenue and Total Profit

On this chart at which point does this business break even?

• 190

• 200

• $2,000

• $1,000

Using this diagram what line is G?

• Total Revenue

• Variable Costs

• Total Costs

• Fixed Costs