If each unit of the product can be sold at a price of $5 and incurs variable costs which are constant at $3 per unit, and if the fixed costs already incurred are $15,000, then the number of units to break-even is: A. 15,000 units 3,000 units С. 5,000 units D. 7,500 units B.

If each unit of the product can be sold at a price of $5 and incurs variable costs which are constant at $3 per unit, and if the fixed costs already incurred are $15,000, then the number of units to break-even is: A. 15,000 units 3,000 units С. 5,000 units D. 7,500 units B.

Name: 14. If each unit of the product can be sold at a price of $5 and incu
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Description: 14. If each unit of the product can be sold at a price of $5 and incurs variable costs which are constant at $3 per unit,and if the fixed costs already incurred are $15,000, then the number of units to break-even is:А.15,000 unitsВ.3,000 unitsС.5,00

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter6: Linear Systems

Section6.8: Linear Programming

Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...

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Concept explainers

Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.

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Question

14. If each unit of the product can be sold at a price of $5 and incurs variable costs which are constant at $3 per unit,
and if the fixed costs already incurred are $15,000, then the number of units to break-even is:
А.
15,000 units
В.
3,000 units
С.
5,000 units
D.
7,500 units

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