Calculate the break-even point in the table for first year

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Reference no: EM133711342

Problem

You have started a business on 1 July 20XX called Junky Jewelry Pty Ltd that sells handcrafted jewelry. You have fixed costs of $10,000 per month, including rent, utilities, and salaries. Your variable costs per unit are $5, which includes the cost of materials, labor, and packaging. You sell your jewelry for $25 per unit.

Your starting units are 100 and unit sales increase by 100 units per month.

Task:

I. Calculate the break-even point in the table for the first year, you are required to use formulas in all cells to perform your calculations.
II. Show a line chart to show the break-even dollar amount

Reference no: EM133711342

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