If fixed costs are $500,000, the selling price is $10/unit, variable cost is $6/unit and the firm wants to make $100,000 in profit, the breakeven in units is
A) 25,000
B) 100,000
C) 150,000
D) None of the above
Correct Answer:
Verified
Q7: An example of a fixed cost is
A)
Q8: An example of a variable cost is
A)
Q9: An example of a semi-variable cost is
A)
Q10: Assumption(s) made when calculating breakeven is (are)
A)
Q11: If fixed costs are $500,000, the selling
Q13: As sales increase, total fixed costs remain
Q14: As sales increase, total variable costs increase,
Q15: If fixed costs are $500,000, selling price
Q16: To do nothing is always a default
Q17: Often the toughest part of decision-making is
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