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A company has a product with variable per unit production costs of $5, and fixed production costs of $35,000. If the company plans to sell 5,000 units, what must the sales price be in order to break even? Group of answer choices $12 $10 $8 $6

A company has a product with variable per unit production costs of $5, and fixed production costs of $35,000. If the company plans to sell 5,000 units, what must the sales price be in order to break even? Group of answer choices $12 $10 $8 $6

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A company has a product with variable per unit production costs of $5, and fixed production costs of $35,000. If the company plans to sell 5,000 units, what must the sales price be in order to break even? Group of answer choices $12 $10 $8 $6
Transcribed Image Text:A company has a product with variable per unit production costs of $5, and fixed production costs of $35,000. If the company plans to sell 5,000 units, what must the sales price be in order to break even? Group of answer choices $12 $10 $8 $6
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