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Help with ICT COURSEWORK EDEXCEL please

For the CAB Music Festival .. On the recommendations presentation how do you know when you break even from the graph ?

Original post by Sophhh786

For the CAB Music Festival .. On the recommendations presentation how do you know when you break even from the graph ?

I think it's the point where you're not making a loss nor profit. Like this?

OP

Original post by Xoxmuffinxox

I think it's the point where you're not making a loss nor profit. Like this?

Thanks

Original post by Xoxmuffinxox

I think it's the point where you're not making a loss nor profit. Like this?

But how? whats our variable/fixed costs? thats the prime problem..

Original post by Adzkii786

But how? whats our variable/fixed costs? thats the prime problem..

Variable costs: costs that vary depending on a company's production volume; they rise as production increases and fall as production decreases e.g. raw material costs.
Fixed costs: such as rent, advertising, insurance and office supplies, which tend to remain the same regardless of production output.

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