Cost Volume Profit Analysis

Cost Volume Profit Analysis

Definition of Cost Volume Profit AnalysisCost Volume Profit Analysis explains the behavior of profits in response to a change in cost and volume. In other… Read Article
Break Even Point

Break Even Point

Break-Even Point DefinitionThe Break-even point (BEP) is the level of production where the company’s total revenues and expenses are equal. At the BEP, the… Read Article
Margin of Safety

Margin of Safety

The margin of safety is a tool used in CVP analysis. A business is profitable when revenue exceeds the costs. A part of the… Read Article