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How to i do i find the fixed cost or any number to to an equation similar to this when part of the equation information
How to i do i find the fixed cost or any number to to an equation similar to this when part of the equation information is left out
I know the break even equation is sales revenue - variable costs - fixed costs= break even point
Example
These data are for Patel Company.
Selling price per unit $5.00
Variable cost per unit $2.00
Number of units sold 50,000 units
Net income $40,000
Calculate the break-even point in number of units.
Possible answers
- 39,286 units
- 36,667 units
- 28,000 units
- 35,714 units
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