medoty:
I think its not proper to include capital and at the same time depriciation as part of FC. It will seriously affect your break even analysis and its like double charging. The best thing is to charge depriciation at appropriate rate of 10, 15 or 20 percent depending on d rate of usage. My tot, understanding and opinion though

edundayo:


Nice one but if I counted correctly that's 142 words and I think the BEP' is overrated, what I know is; 'total sales income=total operational cost' at BEP.

medoty:
I think its not proper to include capital and at the same time depriciation as part of FC. It will seriously affect your break even analysis and its like double charging. The best thing is to charge depriciation at appropriate rate of 10, 15 or 20 percent depending on d rate of usage. My tot, understanding and opinion though

KappaJ1:
I believe this stage is just to have a fair understanding of the capability of the applicant to run the business.

edundayo:

Seems so, but, still good to be prepared incase of surprises.

medoty:
Bro have you done your own?

bizhub: Among those that already did the interview who can please confirm the number of people shortlisted for the interview base on the interaction with the panel??

ahaika23: Enugu center is around 700 people. Interview days 1-6. There is d possibility of cash reduction, and disqualification. A lady had issues cos she had many names on her different documents. She was asked to go swear an affidavit. I also over-heard one of the interviewers complaining of a candidate saying he intends to buy feed and sell. That how will such a business add value and create jobs. However if you can sell your proposed business properly no one will deny you your grant.

favoryourl:
for more answers to your youwin questions call me @ 07036663913

favoryourl: The money needed to implement this business is N7,451,400.




Total fixed cost = N 2,881,208

Price per unit = N150

Cost per unit =N 92

Total revenue = N17,130,000

Total cost = N10,506,400



Contribution margin = N17,130,000 - N10,506,400
= N6,623,600

Contribution margin ratio = contributions margin ÷ revenue
= N6,623,600 ÷ N17,130,000

= 0.3866667

Break-even (amount) = Fixed cost ÷ contribution margin ratio

= N2,881,208 ÷ 0.3866667

= N7,451,399.

Break-even (units) = Break-even amount ÷ cost per unit

= N7,451,399 ÷ N150

= 49,676 units

Alternatively ;

Breakeven (units) = fixed cost / contribution

= N2,881,208 / (150 - 92)

= 2,881,208 / 58

= 49,676 units.

Break-even (Amount ) = Break even units × price per unit

= 49,676 × 150

= N7,451,400

favoryourl: Goodnews need to answer your questions let me know what you are into and I will post u free answers but on this forum
we will all win
who win
youwin

favoryourl: The money needed to implement this business is N7,451,400.
Total fixed cost = N 2,881,208
Price per unit = N150
Cost per unit =N 92
Total revenue = N17,130,000
Total cost = N10,506,400
Contribution margin = N17,130,000 - N10,506,400
= N6,623,600
Contribution margin ratio = contributions margin ÷ revenue
= N6,623,600 ÷ N17,130,000
= 0.3866667
Break-even (amount) = Fixed cost ÷ contribution margin ratio
= N2,881,208 ÷ 0.3866667
= N7,451,399.
Break-even (units) = Break-even amount ÷ cost per unit
= N7,451,399 ÷ N150
= 49,676 units
Alternatively ;
Breakeven (units) = fixed cost / contribution
= N2,881,208 / (150 - 92)
= 2,881,208 / 58
= 49,676 units.
Break-even (Amount ) = Break even units × price per unit
= 49,676 × 150
= N7,451,400

favoryourl: Goodnews need to answer your questions let me know what you are into and I will post u free answers but on this forum
we will all win
who win
youwin

bamistol:

I like your gesture. It is my firm belief that we on this forum can all work together on our pathway to Millionaires' club. We can ALL win on this forum.
I am into Nursery, Primary and Secondary schools also I will run evening extra mural lessons.

I will appreciate if you can post me free answer as you promised

dauaminu: Pls. Any pontential awardees that are to be interviewed next week in Lagos centre? If yes -There is a crucial information that essentially needs to be shared not only for u alone. We are waiting for ur prompt responses....!

dauaminu: Pls. Any pontential awardees that are to be interviewed next week in Lagos centre? If yes -There is a crucial information that essentially needs to be shared not only for u alone. We are waiting for ur prompt responses....!

TAJIBADE: Hello i tried calculating my break even but only one formula is giving me what is expected, i wonder y d first formulas are given a different result. thank

bamistol:

I like your gesture. It is my firm belief that we on this forum can all work together on our pathway to Millionaires' club. We can ALL win on this forum.
I am into Nursery, Primary and Secondary schools also I will run evening extra mural lessons.

I will appreciate if you can post me free answer as you promised

bamistol:

I like your gesture. It is my firm belief that we on this forum can all work together on our pathway to Millionaires' club. We can ALL win on this forum.
I am into Nursery, Primary and Secondary schools also I will run evening extra mural lessons.

I will appreciate if you can post me free answer as you promised

dauaminu: Pls. Any pontential awardees that are to be interviewed next week in Lagos centre? If yes -There is a crucial information that essentially needs to be shared not only for u alone. We are waiting for ur prompt responses....!