The breakeven point is
A) where fixed and variable costs reach the upper level of the relevant range.
B) the level of activity where all fixed costs are recovered.
C) where total revenue equals total costs.
D) where fixed costs meet variable costs.

Question

Quizplus · Accepted Answer

The breakeven point is the point where the total revenue generated by sales equals the total cost of producing goods or services. This means that there is no profit or loss at this point, but rather a "break-even" point where the costs are covered by revenue.

The Breakeven Point Is