Contribution Margin: DefinitionIn a very simple language, contribution margin means the excess of selling price over the variable cost of manufacturing. This term has… Read Article
Break-Even Point DefinitionThe Break-even point is the level of production where the company’s total revenues and expenses are equal. At the BEP, the revenue… Read Article
Break-even point (BEP) is the level of sales where a total of fixed and variable costs equals total revenues. In other words, the breakeven… Read Article
You would agree that when a manufacturing unit increases the level of production, the total cost of production will also increase. This increment in… Read Article