(25) A bookstore reports these data: • Selling price per unit: $8 •Variable cost per unit: $4 Number of units sold: 80,000 units • Net income: $70,000 What is the bookstore's calculated break-even point in number of units? 58,500 units 60,500 units 62,500 units 64,500 units

(25) A bookstore reports these data: • Selling price per unit: $8 •Variable cost per unit: $4 Number of units sold: 80,000 units • Net income: $70,000 What is the bookstore's calculated break-even point in number of units? 58,500 units 60,500 units 62,500 units 64,500 units

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...

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Question

(25) A bookstore reports these data:
• Selling price per unit: $8
•Variable cost per unit: $4
Number of units sold: 80,000 units
• Net income: $70,000
What is the bookstore's calculated break-even point in
number of units?
58,500 units
60,500 units
62,500 units
64,500 units

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