A company faces fixed costs of $100,000 and variable costs of $8 per unit. It plans to directly sell its product in the market for $12. How many units must it produce and sell to break even?
A) 20,000
B) 25,000
C) 30,000
D) 35,000
E) 40,000
B
You might also like to view...
The ________ is the intercept on the Security Market Line
A) prime rate B) risk-free rate C) market rate of return D) beta
Video conferencing is a technology that combines video and ____ capabilities along with shared data and document access.
A. phone call B. e-mail C. Internet D. fax
Information technologies have decreased the ease of access to information for hackers as well as for legitimate organizations
Indicate whether the statement is true or false
When selling industrial goods and services, using representatives who are trained to understand the needs of each customer is a key component of
A) advertising. B) personal selling. C) sales promotions. D) publicity. E) interactive marketing.