Profit is the ultimate goal for any business. Business owners selling goods or services use the unit contribution margin to determine the profit per unit. It is calculated as a percentage or dollar ...

We recently explained the process of arriving at calculations for mark-up and gross margin. Next, we thought we would walk reader through calculating 'breakeven.' Breakeven will help you know how much ...

How to calculate the breakeven point? The breakeven point is the point at which your total revenue will equal your total costs. If you sell more than this amount, then you are making a profit. If you ...

The goal of every company is to become profitable, but it often takes time for a business to achieve that goal. Most companies have fixed costs it has to cover as part of doing business, and there are ...

In every business, it’s crucial to understand the profitability of each unit sold. One essential metric to analyze profitability is the Unit Contribution Margin (UCM). This guide will walk you through ...

Q: I understand how a one-product company calculates its breakeven point, but how is the calculation done when you sell multiple products? My firm sells two products, chairs and bar stools, for $50 ...