f the breakeven point is 20,000 and the contribution margin is $1.30, how much are fixed costs?Multiple choice question.20,000$15,384$26,000
Question
Solution 1
The breakeven point is the point at which total revenue equals total costs, meaning the business is not making a profit or a loss.
The formula to calculate the breakeven point in units is:
Breakeven Point in Units = Fixed Costs / Contribution Margin per Unit
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