Find the break-even point for the following.
Fixed cost = $20,000
Variables cost = $15 per item
Price = $23
The break-even point is at ------ items.
breakeven is at revenue=cost, so you need
23x = 20000 + 15x
Fixed cost = $20,000
Variables cost = $15 per item
Price = $23
The break-even point is at ------ items.
23x = 20000 + 15x