Can you provide the accurate answer to this financial accounting question using correct methods? A product has a selling price of $63, variablecosts of $55, and fixed costs are $72,000.How many units must be sold to break even?A) 3,000B) 5,000C) 2,500D) 9,000

Formula:Break-even units = Fixed Costs ÷ (Selling Price - Variable Costs)Given:Selling Price =…

Answered: A product has a selling price of $63,…

A product has a selling price of $63, variable costs of $55, and fixed costs are $72,000. How many units must be sold to break even? A) 3,000 B) 5,000 C) 2,500 D) 9,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 6MC: If a company has fixed costs of $6.000 per month and their product that sells for $200 has a...

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Question

Can you provide the accurate answer to this financial accounting question using correct methods?

A product has a selling price of $63, variable
costs of $55, and fixed costs are $72,000.
How many units must be sold to break even?
A) 3,000
B) 5,000
C) 2,500
D) 9,000

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