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What information is required to perform a break-even analysis?

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Final answer:

A break-even analysis requires information on average total cost, average variable cost, and marginal cost.

Step-by-step explanation:

A break-even analysis is a tool used by businesses to determine at what point their total revenue equals their total costs.

To perform a break-even analysis, the following information is required:

  • Average Total Cost (ATC): This is the average cost per unit of production, which includes both fixed and variable costs.
  • Average Variable Cost (AVC): This is the average cost per unit of production that varies with the level of output.
  • Margin Cost (MC): This is the additional cost incurred for producing one additional unit of output.

By analyzing these cost measures, a business can determine the number of units it needs to sell in order to cover its costs and break even.

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