Planet Company sells a product for $16 per unit, variable cost is $12 per unit, and the total fixed cost is $6,000. What is the break-even point in units? a.500 units b.375 units c.1,700 units d.1,210 units e.1,500 units
Planet Company sells a product for $16 per unit, variable cost is $12 per unit, and the total fixed cost is $6,000. What is the break-even point in units? a.500 units b.375 units c.1,700 units d.1,210 units e.1,500 units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Planet Company sells a product for $16 per unit, variable cost is $12 per unit, and the total fixed cost is $6,000. What is the break-even point in units?
a.500 units
b.375 units
c.1,700 units
d.1,210 units
e.1,500 units
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