Answered: If the selling price per unit is $15,…

If the selling price per unit is $15, the unit contribution margin is $5, and total fixed expenses are $14,500, what are the breakeven sales in units? A. 966.6667 B. 2,900 C. 72,500 D. 217,500

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 1EA: Calculate the per-unit contribution margin of a product that has a sale price of $200 if the...

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Question

If the selling price per unit is $15, the unit contribution margin is $5, and total fixed expenses are $14,500, what are the breakeven sales in units?
A. 966.6667
B. 2,900
C. 72,500
D. 217,500

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