Multiple Choice
An umbrella manufacturing company's fixed costs are $275,000. The variable cost per unit is $5 and each umbrella is sold at $10. How many units should the firm sell in order to break even?
A) 1,819
B) 5,500
C) 18,000
D) 27,500
E) 55,000
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q18: Which of the following is the first
Q19: The decline in the average cost of
Q20: Many consumers are willing to pay $100
Q21: Price is one of the two elements
Q22: Armac Ltd. is a sluice-box manufacturer based
Q24: A company that is looking to maximize
Q25: What techniques can a firm use to
Q26: When firms charge different prices to different
Q27: A company does not set a final
Q28: Ellie's manager has asked her to come