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Seneca College *

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440

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Accounting

Date

Nov 24, 2024

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pdf

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2

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10/30/23, 7:30 AM Chapter 4 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4637360&cmid=1260602&page=3 1/2 Dashboard / My courses / [Seneca 09/2023] HTM440NHB - Nardi / CHAPTER 4 - Cost-Volume-Profit Analysis / Chapter 4 Quiz Question 4 Incorrect Mark 0.00 out of 1.00 A company produces a single product with a selling price $20 and variable costs per unit of $11. The company incurs $10,000 in fixed costs per year. What is the break-even point in units? Select one: a. 910 units. b. 323 units. c. 1,111 units. d. 1,000 units. Your answer is incorrect. Explanation: Break-Even Point = Fixed Costs / Contribution Margin per Unit = $10,000 / $9 per unit = 1,111 units The correct answer is: 1,111 units.
10/30/23, 7:30 AM Chapter 4 Quiz https://www.ameengage.com/mod/quiz/review.php?attempt=4637360&cmid=1260602&page=3 2/2
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