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Help with ICT COURSEWORK EDEXCEL please Watch

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    For the CAB Music Festival .. On the recommendations presentation how do you know when you break even from the graph ?
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    (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?
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    (Original post by Xoxmuffinxox)
    I think it's the point where you're not making a loss nor profit. Like this?
    Thanks
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    (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..
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    (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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