Longstreet Inc. has fixed operating costs of $300,000, variable costs of $2.50 per unit produced, and its product sells for $3.70 per unit. What is the company's break-even point, i.e., at what unit sales volume would income equal costs?
A. 250,000
B. 232,500
C. 222,500
D. 220,000
E. 255,000
Answer: A
You might also like to view...
Comprehensive income consists of
A) operating income + other income and losses. B) net income + other adjustments to retained earnings. C) net income + other comprehensive income. D) other comprehensive income + unrealized changes in the value of available-for-sale securities.
Leah, Cameron, and Ryan each receive a $20,000 salary, as well as 10 percent interest on their respective average investments of $120,000, $200,000, and $40,000. If they share remaining income in a 2:1:3 ratio, respectively, by how much would Cameron's account increase assuming net income of $144,000
Shamar is an upper-level manager at Fortune 500 company. The company feels like they are outdated and want to recreate their image and go in a different direction. What kind of planning will Shamar use to develop their new mission and long-range objectives?
a. long-range planning b. strategic planning c. single-use planning d. operational planning
Which of the following is most useful for developing information that might lead to incremental innovations?
a. customer visit programs b. empathic design c. focus groups d. lead user research e. guided intuition