Title
Estimating Retail Breakeven Using Markup Pricing
Document Type
Article
Publication Date
7-2017
Abstract
In situations where calculating breakeven using cost of goods sold is impractical, such as a first-time entrepreneur starting a small retail business, markup pricing can be used to estimate breakeven.
Recommended Citation
Cafferky, Michael E. (2017). Estimating retail breakeven using markup pricing, Management Accounting Quarterly, 18(2), 1-11.
Comments
This invention is an extension of the traditional "Cost of Goods Sold" method of estimating breakeven but for the first time retailer who lacks historical data on variable costs.