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the stripping ratio fot the last increment alomg the pit wall. it determines whether one should continue mining using open pit(surface) or switch to uderground.
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∙ 10y ago
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How do calculate break even point?
Break even point = Fixed cost / Contribution margin ratio Contribution margin ratio = (sales - variable cost ) / Sales
Calculate the break-even point?
Break-even point = Fixed cost / contribution margin ratio Contribution margin ratio = sales - variable cost / sales by using these equations break even point can be calculated
How do you calculate break even point if the variable cost is not given?
If contribution margin ratio or contribution margin per unit is given then it is not required to have variable cost available as in that case break even point can be calculated using contribution margin ratio, if contribution margin ratio is also not available then we have to prepare summarized income statement for missing figures and from that information we will create break even point.
Fixed operating cost 500 thousands dollars its variable costs are 3 dollars per unit and product sales price is 4 dollars what is the company break even point?
Break even point = Fixed cost / contribution margin ratio Contribution margin ratio = (Sales price - variable cost ) sales price Contribution margin ratio = (4 - 3 ) / 4 = 25% Break even point = 500,000 / .25 Break even point = 2,000,000
How can the mathematical equation for break-even sales show both sales units sales dollars?
Formula for break even point in dollars = Fixed Cost / contribution margin formula for break even point in units = fixed cost / contribution margin ratio formula for contribution margin ratio = (sales - variable cost) / sales
How do you calculate the stripping ratio?
We divide the overburden thickness by ore thickness to get the stripping ratio For example if we have an overburden thickness of 80m and ore thickness of 50 m , then the stripping ratio will be: 80/50= 1.6
How do calculate break even point?
Break even point = Fixed cost / Contribution margin ratio Contribution margin ratio = (sales - variable cost ) / Sales
Calculate the break-even point?
Break-even point = Fixed cost / contribution margin ratio Contribution margin ratio = sales - variable cost / sales by using these equations break even point can be calculated
Is Ore to Overburden ratio and Stripping ratio are same?
Yes, a 3:1 stripping ratio means that mining one cubic meter of ore will require mining three cubic meters of waste rock.
How do you determine the activity and dollar sales at the break even point?
The activity level at the break even point = fixed expenses/unit contribution margin Dollar sales at the break even point = fixed expenses/contribution margin ratio contribution margin ratio = contribution margin/sales
How do you calculate break even point if the variable cost is not given?
If contribution margin ratio or contribution margin per unit is given then it is not required to have variable cost available as in that case break even point can be calculated using contribution margin ratio, if contribution margin ratio is also not available then we have to prepare summarized income statement for missing figures and from that information we will create break even point.
How do you calculate stripping ratio for Open Pit Mines?
Overburden tons/ore tons
Fixed operating cost 500 thousands dollars its variable costs are 3 dollars per unit and product sales price is 4 dollars what is the company break even point?
Break even point = Fixed cost / contribution margin ratio Contribution margin ratio = (Sales price - variable cost ) sales price Contribution margin ratio = (4 - 3 ) / 4 = 25% Break even point = 500,000 / .25 Break even point = 2,000,000
What is stripping Ratio and how is it calculated?
It's a ratio of waste extracted at a mine and is expressed as: (Total extracted - Mineral for plant) / Mineral for plant -m0id.
How can the mathematical equation for break-even sales show both sales units sales dollars?
Formula for break even point in dollars = Fixed Cost / contribution margin formula for break even point in units = fixed cost / contribution margin ratio formula for contribution margin ratio = (sales - variable cost) / sales
The sales price will be set 1.5 times the variable cost per unit and the variable cost per unit is 2.50 The fixed costs are 120000 what sales volume would be required in order to break even?
Break even point = fixed cost / contribution margin ratio Contribution margin ratio = sales price (3.7) - variable cost (2.5) / 3.7 Contribution margin ratio = 1.2 /3.7 = 0.32 Break even point = 120000 / 0.32 Break even point = 375000
Formula for break-even point?
Total fixed costs / selling price - variable cost/unit Break even points (in units) = Total fixed cost/CMPU Break even points (in Rs) = Total fixed cost/CM Ratio
