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Quantitative skills in the Control Function of Management are very important. It helps managers see how the business is doing and what improvement can be
Quantitative skills in the Control Function of Management are very important. It helps managers see how the business is doing and what improvement can be made. Please solve problems for Breakeven Point and Income Statment.
Breakeven Point:
Fixed Cost is $ per month
Your price is $ per unit
Variable cost is $ per unit
Breakeven Point Whats the breakeven point, How many units do they have to sell to breakeven?
Income Statement:
We sold tshirts at $ each in
The cost to produce was $ each
Whats the gross profit?
We built a website that cost us $
We spent $ on online ads
Wages were $
Depreciation of office equipment was $
Whats the total operating costs?
Whats the operating profit?
What cost can we reduce to be more profitable?
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