Question: 1. Explain the key elements of the Break Even point calculation and why these elements are important for any business to monitor over time. 2.
1. Explain the key elements of the Break Even point calculation and why these elements are important for any business to monitor over time.
2. Discuss how you will use the Break Even Point to plan operations for your Capsim company. What will be the balance of each of the key elements of Break Even calculation for your company over time (e.g., FC, CM, Sales, VC)? How will this balance help you to maximize profits for your company?
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