Break-Even Analysis (Grade 11 NSC Matric Mathematical Literacy): Flashcards

When total income equals total costs; no profit or loss

Two values: quantity and monetary amount

$\text{Price per unit} \times \text{Quantity}$

$\text{Fixed costs} + (\text{Variable cost} \times \text{Quantity})$

$\text{Income} = \text{Total cost}$

Graphical method and trial and improvement

Draw graph, find where cost and income lines intersect

Equations and intelligent guessing with different quantities

Costs that don't change with number of units produced

Costs that change per unit produced