Practice Quiz

Vet Manager Exam Prep

Category - CVPM

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Breakeven analysis is performed in order to adequately price a product. What is the formula for determining breakeven analysis?
  1. Breakeven sales price equals fixed cost plus variable cost
  2. Breakeven sales price equals vendor cost plus sales tax
  3. Breakeven sales price equals cost plus 20%
  4. Breakeven sales price equals vendor cost plus fixed costs
Explanation
Answer: A- Breakeven sales price equals fixed cost plus variable cost is the formula for determining breakeven analysis, in order to adequately price a product.
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