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The number of items needed to get to the break-even point can change by: it cannot be changed, as the company has to sell a
- The number of items needed to get to the break-even point can change by:
- it cannot be changed, as the company has to sell a certain number of items to meet costs.
- increasing the selling price of the item is the only way to change the number needed to break even.
- lowering variable and fixed costs or increasing the selling price of the item.
- If a company sells thousands of items for $1 each they will need to sell [dropdown1] than a company who has an item that sells for $100 each.
- an undetermined number, since we don't have their respective variable and fixed costs.
- more
- fewer
- Using the equation method, calculate how many apples Farmer Jane needs to sell to break-even using the following information. Selling price- $1. Variable costs- $.25 per apple. Fixed costs-$1,000.
- 1000
- 4000
- 1334
- Using the formula method, if fixed expenses are $5,000 and the contribution margin per item sold is $90, how many items need to be sold to break-even?
- 100 items
- 56 items
- 110 items
- Once target profit is calculated, the equation method can be used to calculate the number of items needed to meet that goal. We need _______ in addition to our target profit to complete the equation.
- variable expenses and price per unit
- variable and fixed expenses
- contribution margin and fixed expenses
- If Farmer Jane sells her tomatoes for $3 per pound and has variable cost of $1.50 per pound, how many pounds would she need to sell after her fixed expenses of $500 to show a net profit of $2,000?
- 833 pounds
- 1333 pounds
- 1667 pounds
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