Break-even analysis- graph and formula method

Question 1

Break-even analysis:

Answer 1

examining the behaviour of costs and revenues at different levels of output, and predicting what happens to profit at these different levels of output.

Question 2

How to reduce variable costs: (2)

Answer 2

all other variables remaining the same

maintain break-even in event to increase in FC or VC, or forced reduction in SP.

Question 3

How to increase unit selling price: (2)

Answer 3

all other variables remaining the same

maintain break-even in event of increase in VC or FC