11

Episode 7
Episode 7 —
Break Even Point Graph
Learners will be able to:
- Calculate income by multiplying the selling price of an item by the number of items sold. - Determine expenses by adding a fixed cost and a variable cost that is multiplied by the number of items sold. - Calculate profit by subtracting total expenses from total income. - Identify the break-even point where income equals expenses. - Interpret a graph to determine the relationship between income, expenses, and profit.
SKU: 11-MTG-ML-Q14-1