Question

The breakeven point is: The point at which revenues meet the budget target. The sales volume at which revenues equal fixed cost and profit is zero. The sales volume at which revenues equal variable cost and profit is zero. The sales volume at which the total contribution margin exceeds total variable costs. The sales volume at which revenues equal total cost plus an operating profit of zero.

Answer 1

The sales volume at which revenues equal total cost plus an operating profit of zero

Step-by-step explanation:

Break even point cover first the variable costs and then the fixed overhead. Thus it is the point at which revenues equal total cost plus an operating profit of zero.