Question
You need to show the work in order to receive full credit Formula: BE point = Fixed Cost divided by (price minus unit variable cost)
You need to show the work in order to receive full credit
Formula:
BE point = Fixed Cost divided by (price minus unit variable cost)
Given
Quantity Sold = 250 units
Fixed Cost = $1,500
Unit variable cost = $9 per unit
Unit Price = $12
1) Calculate for break event point
2) If the company making profit or loss?
3) How much profit or loss?
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Financial Markets and Institutions
Authors: Jeff Madura
12th edition
9781337515535, 1337099740, 1337515531, 978-1337099745
