Moyas Corporation sells a single product for $20 per unit. Last year, the company's sales revenue was $300,000 and its net operating income was $24,000. If fixed expenses totaled $96,000 for the year, the break-even point in unit sales was: A) 12,000 units B) 14,100 units C) 9,900 units D) 15,000 units
Moyas Corporation sells a single product for $20 per unit. Last year, the company's sales revenue was $300,000 and its net operating income was $24,000. If fixed expenses totaled $96,000 for the year, the break-even point in unit sales was: A) 12,000 units B) 14,100 units C) 9,900 units D) 15,000 units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Moyas Corporation sells a single product for $20 per unit. Last year, the company's sales revenue
was $300,000 and its net operating income was $24,000. If fixed expenses totaled $96,000 for the
year, the break-even point in unit sales was:
A) 12,000 units B) 14,100 units C) 9,900 units D) 15,000 units
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