Answer:
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Answer:
first
Step-by-step explanation:
Lumen
Managerial Accounting
Chapter 5: Cost Behavior and Cost-Volume-Profit Analysis
5.6 Break – Even Point for a single product
Finding the break-even point
A company breaks even for a given period when sales revenue and costs charged to that period are equal. Thus, the break-even point is that level of operations at which a company realizes no net income or loss.
A company may express a break-even point in dollars of sales revenue or number of units produced or sold. No matter how a company expresses its break-even point, it is still the point of zero income or loss. To illustrate the calculation of a break-even point watch the following video and then we will work with the previous company, Video Productions.
Before we can begin, we need two things from the previous page: Contribution Margin per unit and Contribution Margin RATIO. These formulas are:
Contribution Margin per unit = Sales Price – Variable Cost per Unit
Contribution Margin Ratio = Contribution margin (Sales – Variable Cost)
Sales
Break-even in units
Recall that Video Productions produces DVDs selling for $20 per unit. Fixed costs
Answer:
70°
Step-by-step explanation:
Answer:
7 ft 11 inches
Step-by-step explanation:
Convert 3 1/2 yards into 10 ft 5 inches.
Subtract 2 ft 6 inches from 10 ft 5 inches.
Answer: As a result of his company being able to sell a house of $300,000, John will earn a commission of $6,000.
When John sells a house, he gets a commission of 2% out of the selling price of that house.
If a house sells for $300,000 therefore, John will earn a commission of:
= Selling price of house x John's commission
= 300,000 x 2%
= $6,000
In conclusion, John will make a commission of $6,000.
Step-by-step explanation:
