Salalah Company has the following information: Total Sales (Amount) = OMR 80000 Selling Price per Unit= OMR 20 per unit Break-even point = 3000 units Fixed cost = OMR 15000 What is the correct amount of Total Variable Cost?   Select one: a. None of the options b. OMR 50000 c. OMR 65000 d. OMR 60000

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter14: Capital Structure Management In Practice
Section14.A: Breakeven Analysis
Problem 7P
icon
Related questions
Question

Salalah Company has the following information:

Total Sales (Amount) = OMR 80000

Selling Price per Unit= OMR 20 per unit

Break-even point = 3000 units

Fixed cost = OMR 15000

What is the correct amount of Total Variable Cost?

 

Select one:
a. None of the options
b. OMR 50000
c. OMR 65000
d. OMR 60000
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Inventory Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Intermediate Financial Management (MindTap Course…
Intermediate Financial Management (MindTap Course…
Finance
ISBN:
9781337395083
Author:
Eugene F. Brigham, Phillip R. Daves
Publisher:
Cengage Learning