Quantity of manufactured goods are sold at which total cost equal, is known as
A
breakeven point
B
cost point
C
revenue point
D
quantity point
Correct Answer: breakeven point
Quantity of manufactured goods are sold at which total cost equal, is known as breakeven point. The break-even point can be defined as a point where total costs (expenses) and total sales (revenue) are equal. Break-even point can be described as a point where there is no net profit or loss.