anonymous
  • anonymous
assume fixed costs equal $300,000. The price per unit equals $10 and the variable cost per unit equals $7. Find the breakeven point in terms of both units sold and sales revenue
Mathematics
  • Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
SOLVED
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
katieb
  • katieb
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
gw2011
  • gw2011
Let S=Sales Let FC=Fixed Costs Let VC=Variable Costs Let x=Units Then, S=FC+VC S=10x FC=$300,000 VC=3x 10x=300,000+7x 3x=300,000 x=100,000 units (10)(100,000)=300,000+(7)(100,000) $1,000,000=$1,000,000 The breakeven point is 100,000 units and $1,000,000 because the 100,000 units make the Sales=The Total Costs

Looking for something else?

Not the answer you are looking for? Search for more explanations.