Bear Publishing sells a nature guide. The following information was reported for a typical month: TotalPer UnitSales$17,600 $16.00 Variable expenses 9,680 Contribution margin 7,920 Fixed expenses 3,600 Net operating income$4,320 What is Bear's current break-even point in unit and dollars? (Round your intermediate calculations to 2 decimal places.)
A. 500 units and $8,000
B. 8,000 units and $500
C. 1,100 units and $17,600
D. 1,100 units and $8,000
Answer: A
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A. $30,000 B. $100,000 C. $9,000 D. $18,000
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Indicate whether the statement is true or false
The just noticeable difference in a price is the amount of price increase that can be taken without affecting customer demand.
Answer the following statement true (T) or false (F)