Breakeven costs are 92 per hour Work is sold at 131 per hour

Break-even costs are $92 per hour. Work is sold at $131 per hour. What percent profit did you make?

a. 31.38%

b. 29.77%

c. $312 per day

d. $39 per hour

e. $39 less expenses

f. $39.00

Consider your answer. Is that enough?

a. No

b. Yes

c. It depends.

d. Sometimes

e. It’s never enough

f. Anything over 6% is ok

Solution

Solution:- e. $39 less expenses

Breakeven cost = Total Fixed Cost ÷ (Total Sales - Total Variable Costs)

$92 per hour = Total Fixed Cost ÷ ($131 - x)

$39 less Expenses will give the percentage of profit which is being made from the sale.