Multiple Choice
Loretta & Niece's fixed costs are $425,000, including $25,000 of depreciation expense. The price of each unit sold is $120, and the variable cost per unit is $60. How many units must the firm sell to reach the cash break-even point?
A) Less than 7,333 units
B) 7,333 units
C) More than 7,333 units
D) Not enough information has been provided to determine the cash break-even point.
Correct Answer:
Verified
Correct Answer:
Verified
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