1. break-even point is the level of sales at which profit is zero.

Once the break-even point has been reached, net operating income will increase by the amount of the unit contribution margin for each additional unit sold.

2.

Required: For each of the following managerial accounting techniques, read the definition provided in your textbook. In your post, provide an example of a personal situation where you would benefit from use of each technique 1. Break-even point (pgs. 194 195, 206) 2. Budget (pg. 294) 3. Differential Analysis: Relevant Costs& Benefits (pgs. 458-461)