A software development company has fixed costs of $500,000 and variable costs of $5,000 per software product. The company charges $15,000 per software product. What is the break-even revenue for the company? a. $1,000,000 b. $0 c. $500,000 d. $1,500,000 e. $2,500,000 Clear my choice

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A software development company has fixed costs of $500,000 and variable costs of
$5,000 per software product. The company charges $15,000 per software product.
What is the break-even revenue for the company?
a. $1,000,000
b. $0
c. $500,000
d. $1,500,000
e. $2,500,000
Clear my choice
Transcribed Image Text:A software development company has fixed costs of $500,000 and variable costs of $5,000 per software product. The company charges $15,000 per software product. What is the break-even revenue for the company? a. $1,000,000 b. $0 c. $500,000 d. $1,500,000 e. $2,500,000 Clear my choice
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