RED manufactures a product which sells at £30 per unit and the variable cost is £23 per unit. Fixed costs are £50,000. If the selling price is increased by £3, and all other costs remain unchanged, the break-even point in units will: a. decrease by 1190 units (rounded to the nearest unit) b. decrease by 2,143 units c. increase by 2,143 units d. increase by 2,000 units

RED manufactures a product which sells at £30 per unit and the variable cost is £23 per unit. Fixed costs are £50,000. If the selling price is increased by £3, and all other costs remain unchanged, the break-even point in units will: a. decrease by 1190 units (rounded to the nearest unit) b. decrease by 2,143 units c. increase by 2,143 units d. increase by 2,000 units

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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