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Break even point in sales dollars
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The company has a variable cost ratio of 65% and monthly fixed cost of $91,000. What is the company’s break even point in terms of sales dollars?
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The scenario is the following: You want to open up a custom skateboard shop. You can sell each skateboard for $160. It takes 3 hours to make each skateboard. Each skateboard maker earns $25 per hour. Each skateboard costs $15 in raw materials. You estimate that your fixed costs are $20,000... View more questions Search
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