1. Identify the variable and fixed costs associated with your selected business. Discuss how these costs are affected by changes in productivity levels. Determine what steps you could take to reduce at least two of those costs.
2. Review the Break-Even analysis tool. Using the Excel template on this website, calculate the break-even point for your chosen business. Save the document with term Break_FirstName. Save it as Excel file format (.xls or .xlsx). Analysis tool is the excel attachment.
3. Explain how the break-even point can fluctuate. As the financial manager of your business, discuss why it is important to monitor the break-even point?
Attachment:- Breakeven-Analysis-Calculator-Vantage-2011.08.14.xls