What types of problems solved by Break even Analysis Helps?
Break even Analysis helps to solving the given types of problems as given below:
1. What volume of sales will be essential to cover?
2. To calculate costs and revenues for all probable volumes of output to fix budgeted sales
3. To determine the price of an article to provide the desires profit
4. To find out the variable cost per unit
5. To compare a number of business enterprises through arranging their earnings in order of magnitude.