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Explain break-even analysis, its purpose, and whether break-even analysis can be used in manufacturing and/or service...

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Finance

Explain break-even analysis, its purpose, and whether break-evenanalysis can be used in manufacturing and/or service industry.

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In breakeven analysis that point of revenue is determined at which the company breaks even ie makes no profit or loss but has only recovered all its costs Breakeven is denoted by fixed costprice variable cost The main purpose of conducting a breakeven analysis is to    See Answer
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