When calculating cost of production, some figures are “easier to find,” while others are “harder to calculate.” Variable costs tend to be simpler, though some may require reviewing 2025 records. Fixed ...

Important metrics for every business manager are the breakeven sales price and total operating costs. They are benchmarks that need constant attention to improve productivity and control or reduce ...

Learn how to distinguish marginal costs by exploring their relationship with fixed and variable costs in production.

Every business has fixed costs, which play roles in determining break-even points. Businesses also have variable costs, which make finding the actual break-even point more difficult than in ...

Total cost of ownership (TCO) was popularized by Gartner in the 1980s. The basic idea is that the value derived from a product involves more resources than what you pay the supplier. Take the ...

In accounting and business, the breakeven point (BEP) is the production level at which total revenues equal total expenses.