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July 30, 2014

Homework Help: marketing

Posted by bri on Tuesday, March 25, 2008 at 12:39am.

1.A store has fixed costs of 80,000 and an avarage gross margin of 26%. Variable expenses are estimated to be 6% of sales.

a.calculate the break-even sales volume.
b.calculate the profit/losses for sales of 300,000

I got the formulas:
unit contribution= price - variable costs
break even point= fixed costs/ unit contribution
profit/loss= sales revenue -varible cost- fixed costs

I dont know how to plug the numbers in..?

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