Multiple Choice
A company sells a product which has a unit sales price of $5, unit variable cost of $3 and total fixed costs of $120,000. The number of units the company must sell to break even is
A) 60,000 units.
B) 24,000 units.
C) 240,000 units.
D) 40,000 units.
Correct Answer:
Verified
Correct Answer:
Verified
Q46: Harvey's variable costs are 30% of sales.
Q47: Gaultier Company had actual sales of $800,000
Q48: In applying the high-low method, what is
Q50: Givenchy Company sells 100,000 wrenches for $12.00
Q53: Brown Company produces flash drives for computers,
Q55: McCauley Bagpipes produces two models: Model 24
Q120: In CVP analysis the term "cost" includes
Q121: Which of the following is not true
Q129: The graph of variable costs that behave
Q179: Variable costing is not acceptable in reporting