For purchasing government securities, diminishing the save proportion, lessening the markdown rate, and a budgetary deficiency. The Economic recession is a time of general monetary decrease and is normally joined by a drop in the share trading system, an expansion in joblessness, and a decrease in the lodging market. For the most part, a retreat is less extreme than a wretchedness.
The computation of the break-even point (in units) is given below:
Break-eventpoint = Fixed cost / contribution margin.
= Fixed cost / (selling price - variable cost)
= $158,000/ ($20-%10)
= $158,000/ $10
= %15,800 units.
The break-even point (in units) for Shop 48 is 15,800 units. It can be computed by dividing the amount of fixed cost by the amount of per unit contribution margin. And the per unit contribution margin can be computed by deducting the variable cost per unit from the selling price per unit.
The break-even point is the point at which total costs equal total sales, and there is no loss or profit for a small business.
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Management is of three levels. managerial, middle and top level management.
Explanation:
levels of management can be defined as a part of an organization that maintains responsibility for the overall productivity and the work performance of employees.
Managerial or top level management consists of board of directors. It also consists of the board of directors. Executive or middle level management consist of line or department managers and in this level mostly the managers report top the top level management. next lowest level is the operative or supervisory level management.
Thus mostly consists of supervisors, first line managers. It comes under the organisational hierarchy of a company. top management is responsible and controls the entire organisation.
