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Breakeven price is that price where the total revenue generated from the products and services equal to the total cost incurred on those products and
Breakeven price is that price where the total revenue generated from the products and services equal to the total cost incurred on those products and services. This means that the producer earns no profit at the breakeven level. A. The expected annual utilization is 10,000 visits. The variable cost is $5 per visit, fixed cost is $500,000 per annum and overhead allocation is $50,000 per annum. Breakeven price can be calculated with the help of this formula: Breakeven per visit price total cost incurred on service total number of visits What is the breakeven cost for the company? Show your work please
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