Break-Even Analysis | Cost Accountancy
In this article we will discuss about:- 1. Introduction to Break-Even Analysis 2. Margin of Safety 3. Chart 4. Concept of Contribution. Introduction to Break-Even Analysis: The study of cost-volume-profit relationship is often referred to as 'break-even analysis'. The term 'break-even analysis' is interpreted in narrow as well as broad sense. In its narrow sense, it is concerned with finding [...]