Company XYZ produces and sells wireless earphones. The selling price per unit is $5 and the total fixed costs are $20,000. Assuming a variable cost ratio of 70%, what is the breakeven point in ($) 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 $20,000. Assuming a variable cost ratio of 70%, what is the breakeven point in ($) 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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Question

10*

Company XYZ produces and sells wireless earphones. The selling price per unit is $5 and the total
fixed costs are $20,000. Assuming a variable cost ratio of 70%, what is the breakeven point in ($)
value? (round figures to the nearest number)
a. 66,667
O b. None of the given answers:
C. 50,000
d. 33,333
e. 40,000

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