Please, I need a clear explanation and correct answers. Thank you,
Average price of each product/service sold:
Average cost of each product/service to make/deliver (variable cost):
Fixed cost for the year:
Use the information provided above to calculate the break-even analysis for your company.
Round answers to the nearest whole number.
1) Percentage of price that is contribution margin: %
2) Number of units sold needed to break-even:
3) Total sales needed to break-even: $