1. Given the following, depict fully and explain break-even in units, break-even in dollars, total revenue...

1. Given the following, depict fully and explain break-even in units, break-even in dollars, total revenue line, total cost line, fixed cost line, break-even point, etc.

Fixed Cost: $120,000

Sales per Unit: $15.00

Variable cost per Unit: $3.00

Include a discussion regarding sensitivity analysis for an inelastic product.

Solutions

Expert Solution

Breakeven point is the point where the total revenue is equal to the total cost.

Total cost is equal to fixed plus variable cost.

Rahul Sunny answered 1 week ago

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