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Break even analysis is a tool used to determine the sales volume needed to cover total costs. It helps businesses understand their costs and revenues at different production levels. Break even analysis can be used to evaluate pricing decisions, set production budgets, and identify the sales required to avoid losses.
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- 1. Break Even Analysis by Michael Cafferky, Jon Wentworth, Wentworth Jon<br />Managerial EconomicsN. Kumar Et Al.,Kumar, N.Managerial Economics:Theory & ApplicationTrivediManagerial economics in a global economy by Dominick Salvatore Websiteshttp://www.accountingformanagement.com/Break_even_analysis.htmhttp://www.accountingcoach.com/online-accounting-course/01Xpg01.htmlhttp://wiki.answers.com/Q/What_is_Break_even_analysis_and_its_uses_and_advantages<br />