The price per unit is $1.00. The average variable cost per unit is 60 cents. The total fixed cost is $20,000. What is the break-even point?

A. 75,000 units
B. 33,334 units
C. 50,000 units
D. 40,000 units
E. 20,000 units


Answer: C

Business

You might also like to view...

Assume you and your supervisor discussed a project that you will begin soon. The supervisor identified the problem to study and the purpose of the study but asks that you prepare a proposal before beginning the work. What factor can you safely exclude from the proposal?

a. Definition of problem and purpose b. Delimitations c. Estimate of resources needed d. Limitations

Business

Many organizations are using virtual teams to exchange ideas and make decisions

Indicate whether the statement is true or false

Business

Each page of the financial statements compiled by an accountant may include a reference such as:

A. See accountant's compilation report. B. Subject to compilation restrictions. C. Unaudited, see accountant's opinion. D. See accompanying accountant's notes.

Business

Crystal Ball's CB.Custom function can be used to simulate discrete uniform random values

Indicate whether the statement is true or false

Business