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At the break - even point: variable cost equals total revenue. variable cost equals fixed cost. total cost equals total revenue.
At the breakeven point:
variable cost equals total revenue.
variable cost equals fixed cost.
total cost equals total revenue.
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Accounting
Authors: John Hoggett, John Medlin, Lew Edwards, Matthew Tilling, Evelyn Hoggett Hogg
6th Edition
1742466354, 978-1742466354
