Company XYZ produces and sells wireless earphones. The selling price per unit is $ 5 and the total fixed costs are $ 20,000. Assuming a variable cost ratio of 60%, what is the breakeven point in ($) value? (round figures to the nearest number) ?

Company XYZ produces and sells wireless earphones. The selling price per unit is $ 5 and the total fixed costs are $ 20,000. Assuming a variable cost ratio of 60%, what is the breakeven point in ($) value? (round figures to the nearest number) ?

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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16. Company XYZ produces and sells wireless earphones. The selling price per unit is $ 5 and the total fixed costs are $ 20,000. Assuming a variable cost ratio of 60%, what is the breakeven point in ($) value? (round figures to the nearest number) ?

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