Glossary of Terms

Browse the glossary using this index

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B

Break even chart example

Break Even Chart Explainer

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Break even point

The amount of units that need to be sold so that the revenue and costs are at the same level. Calculated as Fixed costs divided by contribution per unit.

E.g. if the fixed costs were £100 and the contribution per unit was £5 (100/5=20), you would need to sell 20 items to reach the break even point

How to calculare the break even point for quantity and for sales ...

Glossary of Terms - Unit 3

We will collaborate to build this glossary of term to help us extend our vocabulary for this course. We need to include key terms which are unfamiliar and will be good to know for the upcoming exam in January.

B

Break even chart example

Break Even Chart Explainer

Select the link below to access an explainer video

Break even point