Which of the Following Are Needed to Calculate Breakeven

question 51

Multiple Choice

Which of the following are needed to calculate breakeven?

• A) Determine the sales price of the product.
• B) Estimate the variable cost of the product.
• C) Estimate the business' fixed costs.
• D) Divide the fixed costs by the contribution margin percentage to calculate the breakeven sales volume.
• E) All of the above.

---

Definitions:

Duty of Care

A legal obligation to avoid causing harm to others, typically applied in negligence cases.

Professional Association

An organization seeking to further a particular profession, the interests of individuals engaged in that profession, and the public interest.

Insurance Agent

A professional who sells, solicits, or negotiates insurance policies on behalf of an insurer.

Threefold Test

A method used in various legal contexts to evaluate criteria or conditions based on three distinct factors.