I need help for a small business class my goal is to open a mechanic business and for that i have to complete a set of accounts

This means 70% of gross revenue is gross profit. The $3 includes costs associated w/ selling the shirt (variable costs). 2. Calculate fixed costs For example 3. FC / GPM = break even amount (per month) $3000/.70=$4285 This means our store doesn't make any profit until we sell $4285 worth of product per month. Business Plan assignment 6 -- Break Even Analysis Conduct a break even analysis of your business (see example below). Be sure to calculate B/E as total revenue needed to break even. Break Even analysis 1. Calculate average Gross Profit Margin (GPM) Revenue - cost of sales Revenue Example: This means 70% of gross revenue is gross profit. The $3 includes costs associated w/ selling the shirt (variable costs). Business Plan assignment 6 -- Break Even Analysis Conduct a break even analysis of your business (see example below). Be sure to calculate B/E as total revenue needed to break even. Break Even analysis 1. Calculate average Gross Profit Margin (GPM) Revenue - cost of sales = Revenue Example:$10shirt$3cost$10shirt=$10$7=.70or70% This means 70% of gross revenue is gross profit. The $3 includes costs associated w/ selling the shirt (variable costs). 2. Calculate fixed costs For example $1000