Multiple Choice
Answer the following questions using the information below:
Nancy's Niche sells a single product. 8,000 units were sold resulting in $80,000 of sales revenue, $20,000 of variable costs, and $10,000 of fixed costs.
-The breakeven point in total sales dollars is:
A) $40,000
B) $13,334
C) $100,000
D) None of these answers are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q76: Breakeven point is:<br>A)total costs divided by variable
Q77: For merchandising firms, contribution margin will always
Q78: Gross margin is reported on the contribution
Q79: Which of the following is true about
Q82: Gilley, Inc., sells a single product. The
Q83: What would be the expected monetary value
Q84: If the selling price per unit is
Q85: Karen Hefner, a florist, operates retail stores
Q86: Mount Carmel Company sells only two products,
Q168: Answer the following questions using the