Friday
April 18, 2014

Homework Help: financial management

Posted by Taffany on Saturday, April 28, 2012 at 5:34pm.

I need some help I have the numbers I need but do not understand how to do break even points. The formula is PX = A + BX
where P = Unit cost or price of the service
X = Amount of service to be provided (an unknown)
A = Fixed costs
B = Variable costs
The numbers are

The years I need help with are for years 2003 and 2004 the total number of fixed costs 2003 being the first year and 2004 being the second numbers are Rent and Utilities $150,000.00 $150,000.00
Telephone $0 $24,000.00 $24,000.00 Payroll and benefits $520,069.00 $915,787.20
Supplies $171,622.77 $320,525.52 the second is the variable costs because they change from year to year so what I need help with is how many customers would I need to serve in order to break even with my costs

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

financial management HSA - I have to write a paper for my financial management ...
financial management - what are the four elements of financial management and ...
Financial Matters - Has anyone been a health care financial officer that can do ...
business - How will inflation affect financial planning in risk management and ...
accounting - I need an understanding of a few matters in my accounting class: 1...
business-repost - How will inflation affect financial planning in risk ...
financial management - What role do present value and future value have in the ...
english - I wrote five sentences but they all have to have different verb tense...
Enlish/com170 - Can you tell me if i did my assignment right and what i need to ...
financial management - I have to do a revenue and expense statement and balance...

Search
Members