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Veterinary Practice Manager

Category - CVPM

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The breakeven analysis formula states that S (sales price) = F + V + P. When using the breakeven analysis as a starting point for product pricing, “P” is a variable component in the equation. What does “P” stand for?

Profit
Product
Price
Percentage

Explanation

Answer: A- Profit. The breakeven analysis formula states that S (sales price) = F (fixed costs) + V (variable costs) + P (profit). Since it is a variable component in the equation, incremental profit can be built into the starting point for pricing a product.

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Veterinary Practice Manager

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Veterinary Practice Manager

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