Use the formulas to calculate breakeven point for the following two (2) questions 15pts each): ...

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Use the formulas to calculate breakeven point for the following two (2) questions 15pts each): • Breakeven (units): Fixed Costs/(Price-Variable Costs) • Breakeven (S): Fixed Costs/(1-(Variable Costs/Price)) Fred's college band, Fruity and the Slow Dish, signed a contract to rent time at a recording studio at $500 per session. Their contribution margin is $4.00 per CD. If the band sells the CD at S6.00 use the breakeven revenue formula to calculate how much the band must generate in order to break even. Use the formulas to calculate breakeven point for the following two (2) questions 15pts each): • Breakeven (units): Fixed Costs/(Price-Variable Costs) • Breakeven (S): Fixed Costs/(1-(Variable Costs/Price)) Fred's college band, Fruity and the Slow Dish, signed a contract to rent time at a recording studio at $500 per session. Their contribution margin is $4.00 per CD. If the band sells the CD at S6.00 use the breakeven revenue formula to calculate how much the band must generate in order to break even.

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