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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 correct answer

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 correct answer

Principles of Accounting Volume 2
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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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 correct answer

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