I believe that you would get a statement for your checking account monthly because you need to know how much money get withdraw ed and how much is left.
it depends what it is for
The annual interest rate is 11.803%.
Assumptions:
- Interest is compounded annually.
Answer:
72000
Explanation:
Break even formula:
Break even in units=Fixed cost/Contribution margin per unit
= $ 36,000 / $ 6
= 6,000 Units
[Contribution margin=Sales price-Variable cost=12-6]
Break Even in Dollars = Break Even in Units * Selling Price Per Unit
= 6,000 Units * $ 12 Per Unit = $ 72,000