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Natasha2012 [34]
3 years ago
14

What is break even point?

Business
1 answer:
maks197457 [2]3 years ago
6 0

Answer:

The break-even point in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal, i.e. "even". There is no net loss or gain, and one has "broken even", though opportunity costs have been paid and capital has received the risk-adjusted, expected return.

Explanation:

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Answer: $222,800

Explanation:

Given that,

Sales = $427,000

Cost of goods sold (all variable) = $173,400

Total variable selling expense = $21,200

Total fixed selling expense = $18,900

Total variable administrative expense = $9,600

Total fixed administrative expense = $36,300

Variable expenses:

= Cost of goods sold + Variable selling expense + Variable administrative expense

= $173,400 + $21,200 + $9,600

= $204,200

Contribution margin = Sales - Variable expenses

                                  = $427,000 - $204,200  

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3 years ago
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3 years ago
The main reason people save during their working years is: a. a preference toward matching income with spending over time. b. a
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Read 2 more answers
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Answer:

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Explanation:

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3 years ago
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