If fixed costs are $490,000, the unit selling price is $35, and the unit variable costs are $20, what is the break-even sales (units) if fixed costs are reduced by $40,000?
A) 32,667 units
B) 14,000 units
C) 30,000 units
D) 24,500 units
C
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The amount of depletion of a coal mine in a year may differ from the depletion expense in the same year because
A) depletion expense includes other costs in addition to depletion. B) depletion is based on the passage of time, whereas depletion expense is not. C) the mine is not in operation all year. D) some coal is unsold at the end of the year.
The U.S. invasion of Iraq in 2002 is an example of:
a. group polarization. b. groupthink. c. risky shift phenomenon. d. Ringi effect.
The line of best fit obtained by the least-squares method is called ______.
A. regression line B. linear line C. nonlinear line D. moving average line
Since the 1930s, state courts have expanded the freedom-to-contract doctrine
Indicate whether the statement is true or false