TC=x^2-40x=405
Breakeven.
ture
Yes. Actually this means the company has zero gross profit. If on top of variable costs, there are fixed costs, the company will turn a loss.
That is were u now got your total cost
In a perfectly competitive market, all n firms are equal. Thus, the market total cost is the total cost (TC) of one firm multiplied by the amount of n firms in the market Total Market Cost =Variable Costs and fixed costs ...Fixed costs plus variable costs.
In a perfectly competitive market, all n firms are equal. Thus, the market total cost is the total cost (TC) of one firm multiplied by the amount of n firms in the market Total Market Cost =Variable Costs and fixed costs ...Fixed costs plus variable costs.
When total costs and total revenues are equal, the business organization is said to be breaking even.
Conversion cost is total of: Options Direct material and direct wages Direct material, direct wages, and production overheads Direct wages and production overheads. None of the above
A BEP is a break-even point, the point at which total costs equal total revenue and the organization neither makes a profit or a loss.
I believe so. Net Income is equal to the income that a firm has after subtracting costs and expenses from the total revenue.
The total manufacturing costs for the period
your total COGS for the period plus your ending inventory balance of finish and half finished goods less the beginning balance should equal your periods manufacturing costs,