Asked by
Muskan Baweja
on Dec 16, 2024Verified
At the break-even point of 2000 units variable costs are $55000 and fixed costs are $35000. How much is the selling price per unit?
A) $45.00
B) $10.00
C) $17.50
D) $27.50
Break-Even Point
The financial state where a company's total revenues equal its total costs, resulting in neither profit nor loss.
Variable Costs
Costs that fluctuate in direct proportion to changes in production or sales volume, such as raw materials and labor.
- Analyze break-even points for different case studies, taking into account units and sales in financial terms.
Verified Answer
JL
Learning Objectives
- Analyze break-even points for different case studies, taking into account units and sales in financial terms.