Hi, 1) Wouldn’t the depreciation schedule of 10,000 and the labor cost of $15 x 317 days (Mon-Thurs for 1 yr) be included in the fixed cost? I was given formula FC/P-VC =Breakeven where FC is fixed
Hi,
1) Wouldn’t the depreciation schedule of 10,000 and the labor cost of $15 x 317 days (Mon-Thurs for 1 yr) be included in the fixed cost?
I was given formula FC/P-VC =Breakeven
where FC is fixed cost, P is price and VC is variable cost.
2) I was given formula P(x)= FC + VC(x)+ NC
Where x is number of tests and NC is net contribution
Are these the formulas that you used? Can you put the formulas on the excel document, please. I am having problems determining the variable and fixed cost.
Thanks for your help.