Paramjeet Saini (000360787) Ritika Sharma (000360793) Qiayizha Gulimina(000361473)
Financial Plan
Analysis
• Breakeven – how many units of your product must be sold to cover fixed costs
This is a reality check. If the number of units is very high, then may need to review costs.
Breakeven = Total fixed costs/(selling price – cost of goods sold) = number of units
Answer : As we assume that fixed cost of the company will be $300,000 So, In order to get breakeven point company has be implement formula as below:
Breakeven = Total fixed costs/(selling price – cost of goods sold) = number of units
Where; Fixed cost for the company is $300,000
Selling cost –$513080 & COGS will be 256540 …show more content…
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