Solved

A Business Owner Expects Fixed Costs of 12,000, Variable Costs

Question 6

Multiple Choice

A business owner expects fixed costs of 12,000, variable costs of 20 per unit produced, and a total amount sold of 60 units. What is the minimum price the owner has to charge per unit in order to break even?


A) 150
B) 200
C) 300
D) 600

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents