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QUESTION 8 Total Per unit Sales revenue (30,000 units) $750,000 25 Variable costs 450,000 15 Contribution margin 300,000 Fixed costs 150,000 Operating income $150,000 At the breakeven point: O Sales are equal to total fixed costs. Contribution margin is equal to sales. O Contribution margin is equal to total fixed costs. Sales are equal to total variable costs.

QUESTION 8 Total Per unit Sales revenue (30,000 units) $750,000 25 Variable costs 450,000 15 Contribution margin 300,000 Fixed costs 150,000 Operating income $150,000 At the breakeven point: O Sales are equal to total fixed costs. Contribution margin is equal to sales. O Contribution margin is equal to total fixed costs. Sales are equal to total variable costs.

FINANCIAL ACCOUNTING
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 8 Total Per unit $750,000 25 Sales revenue (30,000 units) Variable costs 450,000 15 Contribution margin 300,000 150,000 Fixed costs Operating income $150,000 At the breakeven point: O Sales are equal to total fixed costs. O Contribution margin is equal to sales. O Contribution margin is equal to total fixed costs O Sales are equal to total variable costs.
Transcribed Image Text:QUESTION 8 Total Per unit $750,000 25 Sales revenue (30,000 units) Variable costs 450,000 15 Contribution margin 300,000 150,000 Fixed costs Operating income $150,000 At the breakeven point: O Sales are equal to total fixed costs. O Contribution margin is equal to sales. O Contribution margin is equal to total fixed costs O Sales are equal to total variable costs.
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