4 Planning & Budgeting

Essay specific features

 

Issue:

Business

 

Written by:

Sarah G

 

Date added:

June 30, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 607

 

Was viewed:

4602 times

 

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Essay content:

Determine the annual break-even point, in number of haircuts. Support your answer with an appropriate explanation. Show calculations to support your answer. ? Break-even point is the level at which the amount of sales revenue equals the expenses, therefore, canceling out any net income. The formula is to divide the Total Fixed costs by the Contribution Margin...
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Show calculations to support your answer. ? Break-even point is the level at which the amount of sales revenue equals the expenses, therefore, canceling out any net income. The formula is to divide the Total Fixed costs by the Contribution Margin. In this example, to find the annual breakeven point, extra calculations were made to bring all variables into the correct units...
displayed 300 characters

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