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Tom repairs watches for $50 each His DM = $10 per watch His DL = $20 per watch His Rent is $4,000 Find Break Even
Tom repairs watches for $50 each
His DM = $10 per watch
His DL = $20 per watch
His Rent is $4,000
Find Break Even Point has 4 formulas
1. Contribution Margin Per Unit
= SP/Unit - VC per Unit
2. Contribution Ratio
= (CM per unit / SP Per unit) X 100
3. BEP in units
= TFC/CM per unit
4. BEP in Dollars
= BEP Units X SP Per unit
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Financial Accounting For Executives And MBAs
Authors: Paul Simko, James Wallace, Joseph Comprix
5th Edition
1618533665, 9781618533661
