Multiple Choice
Example 2.2
The information below is used for the following problems.
Garrison's Gaskets has variable costs of $3 per unit and fixed costs of $40 000. Garrison's selling price is $5 per unit.
-Refer to Example 2.2. What is Garrison's break-even point?
A) 8000 units.
B) 13 333 units.
C) 20 000 units.
D) 80 000 units.
Correct Answer:

Verified
Correct Answer:
Verified
Q17: A fixed cost responds directly to changes
Q18: _ shows how profit is affected by
Q19: The financial plan describes the projected financial
Q20: The _ describes the predicted growth, market
Q21: A _ describes a business' goals and
Q23: Each additional unit sold above the break-even
Q24: The operating plan provides evidence of demand
Q25: _ is the business' funding that will
Q26: Suppose that your business profits are less
Q27: The _ describes how the business will