Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Can someone answer this? Break-Even Analysis Average price of each product/service sold: $216 Average cost of each product/service to make/deliver (variable cost): $56.16 Fixed cost

image text in transcribed

Can someone answer this?

image text in transcribed
Break-Even Analysis Average price of each product/service sold: $216 Average cost of each product/service to make/deliver (variable cost): $56.16 Fixed cost for the year: $227,000 Use the information provided above to calculate the break-even analysis for your company. (3 marks) Round answers to the nearest whole number. Percentage of price that is contribution margin: % Number of units sold needed to break-even: Total sales needed to break-even: $

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting Information For Decisions

Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill

4th Edition

0324222432, 978-0324222432

More Books

Students also viewed these Accounting questions

Question

=+a) What assumptions and/or conditions are violated by this model?

Answered: 1 week ago