Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1) Breakeven Point in Units = fixed costs (Sales price per unit-variable cost per unit) 2) The basic ROI formula is: Net Profit Total Investment
1) Breakeven Point in Units = fixed costs (Sales price per unit-variable cost per unit) 2) The basic ROI formula is: Net Profit Total Investment X 100 = ROI. 3) Turnover rate = Cost of goods sold/average inventory 1) A factory has fixed overhead costs of $1,900,000. and fixed selling overhead costs of $120,000. The factory has variable manufacture costs per unit $11,000 and variable selling costs of $4000. The factory sells the furniture for $29,500. What is the break- even point? 2) A car manufacture has fixed costs of $300 million and a variable cost of 13,000 per unit. The cars cost $23500. What is the break-even point
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started