Break Even Charts: Assumptions, How to Draw, Types, Advantages and Limitations
In this article we will discuss about:- 1. Meaning of Break Even Charts 2. Significance of Break-Even Chart at Various Levels of Activity 3. Assumptions 4. Construction 5. Types 6. Advantages 7. Limitations. Meaning of Break Even Charts: 'Break even Chart' is a graphical representation of marginal costing. It is considered to be the most useful graphic representation of accounting [...]