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In its first year, your venture had revenues of $225,000 and cost of goods sold of $125,000, which was the only variable cost. Depreciation was
In its first year, your venture had revenues of $225,000 and cost of goods sold of $125,000, which was the only variable cost. Depreciation was $20,000, and cash costs (which is interest expenses) were $9,000 in financing costs, admin expenses of $70,000, and $35,000 in marketing expenses.
If your product selling price per unit is $50. How many more units you need to sell to have the breakeven revenue?
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