What is Breakeven Point

Breakeven Point: - Breakeven point is a situation where a company neither making any profit nor ma…

What is Prime Cost

Prime Cost :- When direct material is added with direct labor cost it is called prime cost.

What is Working Capital

Working Capital : - Working Capital is the amount capital needed by an organization for runnin…

What is Opportunity Cost

Opportunity Cost : - The maximum benefit foregone due to choosing one alternative over another…

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