In order to be irreplaceable one must always be different.- Coco Chanel
To breakeven, they will need 720$ Breakeven point is basically Total costs = Sales they already tell us the Fixed Cost,therefore 720-120= 600 600 for 60 meals so 600/60 = 10$ per meal.
Well done! Good answer with the right answer and working out. However use the terms FC or VC etc when working out to make sure of full marks
To breakeven, they will need 720$
ReplyDeleteBreakeven point is basically Total costs = Sales
they already tell us the Fixed Cost,therefore 720-120= 600
600 for 60 meals so 600/60 = 10$ per meal.
Well done! Good answer with the right answer and working out. However use the terms FC or VC etc when working out to make sure of full marks
ReplyDelete