Queen, Ltd. has one product. Its sales price and variable cost per unit are $25 and $20, respectively. Last year, Queen sold 25,00 . units, which was 5,00 . more than the break-even point. What were Queen's fixed expenses?
a. $100,000
b. $125,000
c. $300,000
d. There is not enough information to answer the question.
a
Business
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