Answered: At the break-even point of 2000 units,…

At the break-even point of 2000 units, variable costs are $55000, and fixed costs are $32000. How much is the selling price per unit? $11.5 $43.5 $16 $27.5

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter8: Cost Analysis

Section: Chapter Questions

Problem 1.1CE

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Question

At the break-even point of 2000 units, variable costs are $55000, and fixed costs are $32000. How much is the selling price per unit?

$11.5

$43.5

$16

$27.5

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