Break-even analysis 4.4.3

This includes:

• 4.4.3 Break-even analysis
• concept of break-even
• complete or amend a simple break-even chart
• interpret a break-even chart
• calculate break-even output
• define, calculate and interpret the margin of safety
• use break-even analysis to help make decisions: effect of changes in price, changes in fixed
  costs, changes in variable cost per unit
• limitations of break-even analysis

Minimum Time = 30minutes