Hello all,,
I am looking for some help in how to calculate the amount of sales i need to break even based on a markup of X%
Example for clarity.
fixed costs = £250
Product Markup = 30%
Sales required to break even = ????
So what is the formula for calculating the sales required in order to break even? I am sure this is very simple but i am really struggling. All the examples i have seen are based on a single fixed sale price per unit. Thank you in advance for your help.
I am looking for some help in how to calculate the amount of sales i need to break even based on a markup of X%
Example for clarity.
fixed costs = £250
Product Markup = 30%
Sales required to break even = ????
So what is the formula for calculating the sales required in order to break even? I am sure this is very simple but i am really struggling. All the examples i have seen are based on a single fixed sale price per unit. Thank you in advance for your help.