Multiple Choice
Newport Company's breakeven point is 2,000 boats. Its boats have an average price of $5,000 and variable costs per boat are $2,800. What is Newport's total fixed cost amount?
A) $5,600,000
B) $10,000,000
C) $2,800,000
D) $4,400,000
Correct Answer:
Verified
Correct Answer:
Verified
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