Which one of the following describes the break-even point?

It is the point where total sales equal total variable plus total fixed costs.

It is the point where the contribution margin equals zero.

It is the point where total variable costs equal total fixed costs.

It is the point where total sales equal total fixed costs.

Answer rating: 100% (QA)

Correct Answer It is the point where total sales equal total variable plus tota... View the full answer