Multiple Choice
Queen,Ltd.has one product.Its sales price and variable cost per unit are $25 and $20,respectively.Last year,Queen sold 25,000 units,which was 5,000 more than the break-even point.What were Queen's fixed expenses?
A) $100,000
B) $125,000
C) $300,000
D) There is not enough information to answer the question.
Correct Answer:
Verified
Correct Answer:
Verified
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