1. Explain the concept of break-even point. Why is it important?-Explain
Week 4 AssignmentRead Chapter 4 of your Cornerstones of monogerial Accounting 6th ed.
and write a 700-word essay that covers the following to:Explain the concept of break-even
point. Why is it important? (provide example).Explain the concept of contribution margin.
Why is it important? (provide example).What is the formula to explain sales dollars to earn
a target income? (Provide example)What are the methods that deal with uncertain arid
risk?
