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LIFE Basics of Finance course modules and survey so you are eligible for a Certificate of Completion. 6 - Back Business Concept: BEP Calculator Activity Next-> Current BEP with startup costs: 173.47 Change numbers in yellow to get Mariam's break-even point (BEP) with startupkosts to be 100 or less. Guide Me CDE Break -Even Point Calculations 2 Without startup costs 3 How much will I charge per unit? 4 Selling price (per unit) 22 5 Minus variable costs (cost per unit) 14.13 Contribution margin (profit per unit not 7.87 6 considering fixed costs) 7 8 Units to sell each month to cover monthly With startup costs Over how many months will I spread out my startup cost payments? Startup costs Number of months to repay the startup costs Startup costs (monthly 1759.96 18 + 97.78 fixed costs 9 10 11 12 Fixed costs (monthly 13 Divided by contribution margin 14 Break-even point (monthly) 1267.4 7.87 Units to sell each month to cover monthly fixed costs with startup costs included Fixed costs (monthly) 1267.4 Startup costs (monthly 97.78 Fixed and startup costs (monthly) 1365.18 Divided by contribution margin 7.87 Break-even point including startup costs 173.47 (monthly) you include your startup costs, you must sell at least 173.47 units each month in order to break even 161.04 units 15 16 17 if you don't include your startup costs, you must sell at least 161.04 units each month in order to break-even. 19 Break - Even Point Startup Costs Fixed Costs Variable Costs E Basics of Finance Current BEP with startup costs: 173.47 Change numbers in yellow to get Mariam's break-even point (BEP) with startup costs to be 100 or less. Guide Me D G H Startup costs (total) 2 3 Item 775 25 4 Sewing machine 5 Business cards 6 Domain name registration 7 Lawyer 8 9 9.96 950 10 11 12 13 14 15 Total startup costs 1759.96 36 Break-even point (including startup costs): 173.47 units 48 You must sell at least 173.47 units each month in order to break-even, including 19 monthly fixed and startup costs. 20 Break - Even Point Startup Costs Fixed Costs Variable Costs E Basics of Finance Current BEP with startup costs: 173.47 Change numbers in yellow to get Mariam's break-even point (BEP) with startup costs to be 100 or less. Guide Me D G H 1 Fixed costs (monthly) 2 3 Item 4 Intemet access 5 Web hosting 6 Cellphone 7 Bank charges 8 Wages of owner 9 Subscriptions 10 Insurance 45 8.95 35.45 10 1100 28 40 12 3 5 Total fixed costs 1267.4 6 Break-even point (including startup costs): 173.47 units 7 8 You must sell at least 173.47 units each month in order to break-even, including monthly fixed and startup costs. Break - Even Point Startup Costs Fixed Costs Variable Costs Basics of Finance Current BEP with startup costs: 173.47 Change numbers in yellow to get Mariam's break-even point (BEP) with startup costs to be 100 or less. Guide Me D G H Variable Costs (per unit) 3.99 Item Canvas fabric Thread Labels Handles 0.49 0.7 8.95 Total variable costs 14.13 Break-even point (including startup costs): 173.47 units You must sell at least 173.47 units each month in order to break-even, including monthly fixed and startup costs, Break-Even Point Startup Costs Fixed Costs Variable Costs LIFE Basics of Finance course modules and survey so you are eligible for a Certificate of Completion. 6 - Back Business Concept: BEP Calculator Activity Next-> Current BEP with startup costs: 173.47 Change numbers in yellow to get Mariam's break-even point (BEP) with startupkosts to be 100 or less. Guide Me CDE Break -Even Point Calculations 2 Without startup costs 3 How much will I charge per unit? 4 Selling price (per unit) 22 5 Minus variable costs (cost per unit) 14.13 Contribution margin (profit per unit not 7.87 6 considering fixed costs) 7 8 Units to sell each month to cover monthly With startup costs Over how many months will I spread out my startup cost payments? Startup costs Number of months to repay the startup costs Startup costs (monthly 1759.96 18 + 97.78 fixed costs 9 10 11 12 Fixed costs (monthly 13 Divided by contribution margin 14 Break-even point (monthly) 1267.4 7.87 Units to sell each month to cover monthly fixed costs with startup costs included Fixed costs (monthly) 1267.4 Startup costs (monthly 97.78 Fixed and startup costs (monthly) 1365.18 Divided by contribution margin 7.87 Break-even point including startup costs 173.47 (monthly) you include your startup costs, you must sell at least 173.47 units each month in order to break even 161.04 units 15 16 17 if you don't include your startup costs, you must sell at least 161.04 units each month in order to break-even. 19 Break - Even Point Startup Costs Fixed Costs Variable Costs E Basics of Finance Current BEP with startup costs: 173.47 Change numbers in yellow to get Mariam's break-even point (BEP) with startup costs to be 100 or less. Guide Me D G H Startup costs (total) 2 3 Item 775 25 4 Sewing machine 5 Business cards 6 Domain name registration 7 Lawyer 8 9 9.96 950 10 11 12 13 14 15 Total startup costs 1759.96 36 Break-even point (including startup costs): 173.47 units 48 You must sell at least 173.47 units each month in order to break-even, including 19 monthly fixed and startup costs. 20 Break - Even Point Startup Costs Fixed Costs Variable Costs E Basics of Finance Current BEP with startup costs: 173.47 Change numbers in yellow to get Mariam's break-even point (BEP) with startup costs to be 100 or less. Guide Me D G H 1 Fixed costs (monthly) 2 3 Item 4 Intemet access 5 Web hosting 6 Cellphone 7 Bank charges 8 Wages of owner 9 Subscriptions 10 Insurance 45 8.95 35.45 10 1100 28 40 12 3 5 Total fixed costs 1267.4 6 Break-even point (including startup costs): 173.47 units 7 8 You must sell at least 173.47 units each month in order to break-even, including monthly fixed and startup costs. Break - Even Point Startup Costs Fixed Costs Variable Costs Basics of Finance Current BEP with startup costs: 173.47 Change numbers in yellow to get Mariam's break-even point (BEP) with startup costs to be 100 or less. Guide Me D G H Variable Costs (per unit) 3.99 Item Canvas fabric Thread Labels Handles 0.49 0.7 8.95 Total variable costs 14.13 Break-even point (including startup costs): 173.47 units You must sell at least 173.47 units each month in order to break-even, including monthly fixed and startup costs, Break-Even Point Startup Costs Fixed Costs Variable Costs