Which of the following statement is true regarding break-even point:

What is the break-even point?

Which of the following statements are correct to describe the Break Even Point Analysis?1) If the Break Even Point is expressed in terms of production capacity rate (%), a larger Break Even Point implies a lower project risk.2) The Break Even Point should be calculated based on the normal year after the project commissioning, instead of the average value within the period.3) The relationship between the Break Even Point expressed in terms of production capacity rate (BEP(%)) and the Break Even Point expressed in terms of quantity (BEP(Q)) is: BEP(Q)=BEP(%) × Design Production Capacity4) Break-even point analysis is suitable for financial evaluation onlyQuestion 10Select one:a.1,2,3b.2,3,4c.1,2,3,4d.3,2,1

Break - Even Analysis problem

What does the break-even point represent?Question 3Answera.The point at which total revenue equals total costsb.The point at which total revenue equals total contribution marginc.The point at which total revenue equals total variable costsd.The point at which total revenue equals total fixed costsClear my choice

Analyse one limitation of the break-even technique