At the break-even point, the total sales and the total cost is said to be equal. Therefore, there is no profit or loss. We set up the equation as follows:
Profit/Loss = (Unit Contribution Margin) (Units) - (Fixed Costs) = 0
Unit contribution margin is (0.20)(1.50) = 0.30
Substituting the known values gives;
0 = (0.30)(400,000) - FC
FC = (0.30)(400,000)
FC = $120,000
<span>Therefore, the total fixed costs would </span>$120,000.<span>
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Answer:
what rate is he earning interest
Interest rate is 8%
Explanation:
I = C·i·t,
C Initial Investement
i Anul interest rate
t time
16000=20000*i*10
16000=200000*I
I=16000/200000
I=0,08
I=8%
Quality Control (QC) is a way to be sure that products or services are acceptable to customers.
Quality control is a process wherein companies review the quality of goods and services based on a set of quality standards.
The set quality standards are usually derived from information gathered from clients, customers, and authorized departments on what the quality of goods and services should be.
Products and services which passed quality control ensures that these are acceptable to customers.
