Title: 4 Planning & Budgeting

Essay Details

Subject: Business
Author: Amy S
Date: March 12, 2012
Level: University
Grade: A
Length: 3 / 607
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Determine the annual break-even point, in number of haircuts. Support your answer with an appropriate explanation. Show calculations to support your answer. ? Break-even point is the level at which the amount of sales revenue equals the expenses, therefore, canceling out any net income. The formula is to divide the Total Fixed costs by the Contribution Margin...

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Show calculations to support your answer. ? Break-even point is the level at which the amount of sales revenue equals the expenses, therefore, canceling out any net income. The formula is to divide the Total Fixed costs by the Contribution Margin. In this example, to find the annual breakeven point, extra calculations were made to bring all variables into the correct units...

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