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    Practical Business Math Procedures
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    Exam 8: Markups and Markdowns: Perishables and Breakeven Analysis
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    Lester Co Produces Toys Kites
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Lester Co Produces Toys Kites

Question 1

Question 1

Multiple Choice

Lester Co. produces toys kites. It has a fixed cost of $62,150. If the selling price per unit is $9.50 and the variable cost per unit is $6.25, the breakeven point is:


A) $9,207
B) 6,542
C) 22,600
D) 29,860
E) None of these

Correct Answer:

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