Practicing Success
Which of the following formula is correct for break even point? |
Total revenue = Total expenses (Qty x Unit Price) = (Qty x Unit Cost) + Fixed Exp Qty x Gross Margin (or Profit) per Unit = Fixed Exp All of the above |
All of the above |
At the breakeven level Total revenue = Total expenses (Qty x Unit Price) = (Qty x Unit Cost) + Fixed Exp Qty x (Unit Price – Unit Cost) = Fixed Exp Qty x Gross Margin (or Profit) per Unit = Fixed Exp |