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H.W: Break-Even Chart A firm manufactures a product that sells for $12 per unit. Variable cost unit is $8 and Fixed Cost per period is
H.W: Break-Even Chart A firm manufactures a product that sells for $12 per unit. Variable cost unit is $8 and Fixed Cost per period is $1200. Capacity per period is 1000 units a) Graph the Revenue and Cost functions. b) Find the number of units sold and the revenue amount ($) at break-even point. c) Use BEP Formula (Income statement) to Find: - Profit/Volume Ratio - BEP in $ and in Units Using Formula. - Required Sales in $ for Target (Desired) Profit $4000. - Margin of Safety (MOS) and MOS
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