Multiple Choice
The average price Washburn charges for a guitar is $349.This price must cover its variable costs of $25 for direct materials and $120 in direct labor.It must also cover fixed expenses of $38,000.Assuming everything else stays the same,the company's planned move to Nashville,Tennessee,will reduce its fixed costs by $4,800.This would cause total costs to __________ and the break-even quantity to __________.
A) decrease;stay the same
B) decrease;increase
C) increase;increase
D) stay the same;increase
E) decrease;decrease
Correct Answer:
Verified
Correct Answer:
Verified
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