# CTE Resource Center - Verso - Marketing, Advanced Task 896546709

CTE Resource Center - Verso

Virginia’s CTE Resource Center

Calculate break-even point in units and dollars.

Definition

Calculation should include dividing the total cost and expenses by the selling price to determine point of profitability, taking into account the following:

  • Fixed costs
  • Variable costs
  • Total costs
  • Selling price
  • Total revenue

Process/Skill Questions

  • What is the break-even point?
  • Why is it important to determine the break-even point?
  • How can the break-even point of a product be determined?
  • What are the differences between variable and fixed costs?

Related Standards of Learning

Mathematics

A.4

The student will solve
  1. multistep linear and quadratic equations in one variables algebraically;
  2. quadratic equations in one variables algebraically;
  3. literal equations for a specified variable;
  4. systems of two linear equations in two variables algebraically and graphically; and
  5. practical problems involving equations and systems of equations.

Other Related Standards

National MBAResearch Standards-Marketing

Develop a foundational knowledge of pricing to understand its role in marketing.