Break even Point Homework Help
A point after which a company makes profit is known as the Break Even Point. It is the position where the company starts making some profit. So a company’s total cost and total revenue should be equal to achieve Break Even Point. A firm’s prices should be higher than all its variable cost in order to achieve this position.
It is also the revenue required to cover a company’s all fixed and variable expenses. This revenue can be considered as monetary or non monetary like man hours or machine hours. Break Even point is based on the assumption that a company’s variation in revenue is directly related to the company’s variation in expense.
Break Even point of a company is generally calculated by diving the fixed expenses and contribution margin ratio. Here this calculation can be done on the following parameters:-
- In Units
- In dollar (For a single product or a service)
- In dollars ( For multiple product and services)
It is important to calculate the Break Even point as it helps understand how much products should be sold in order to reach the state of profitability. Thus the topic is very much in demand Homework Guru has the right experts for Break Even Point Homework Help. These experts are maters in Finance and Accounts and have been solving Break Even Point Homework assignment from ages. It has been interesting to see that only a very few experts are available for teaching Break Even Analysis to students and almost all of them are associated with Homework Guru. All these experts have real world practical experience in doing Break Even Analysis and one can learn a lot from them. Also the cost of solving these assignments is lesser as compared to other companies who align no experts to do the job.
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