Is there anyone who's good in economics that can help me with my questions and can provide me the CORRECT answers, please?
2 answers:
You might be interested in
Answer:
<u>4375</u> pizzas have to sell to breakeven.
Explanation:
Given:
If we sell pizzas for $11.99 and our business' variable costs are 60% of the selling price, and we have fixed costs of $21,000 each month.
Now, to find pizzas to sell to breakeven.
Fixed costs = $21,000.
Sale price = $11.99.
Variable costs:
60% of the selling price.
Now, to get the number of pizzas to sell to breakeven we put formula:
<u><em>Breakeven = Fixed Costs ÷ (Sale price – Variable costs ) </em></u>
Therefore, 4375 pizzas have to sell to breakeven.
Overall improvement of quality.
The goal is to Increase profits by eliminating existing product variability, defects and waste that are undermining customer loyalty.
I found a diagram on google that’s colorful and looks helpful if you’d like to doodle it in your notes ☺️
The goal is to Increase profits by eliminating existing product variability, defects and waste that are undermining customer loyalty.
I found a diagram on google that’s colorful and looks helpful if you’d like to doodle it in your notes ☺️