Question
1. If a product sells for $10, variable costs are $6 and fixed costs are $160,000, what would total sales have to be in order
1. If a product sells for $10, variable costs are $6 and fixed costs are $160,000, what would total sales have to be in order to break-even?
$400,000.
$240,000.
$160,000.
$640,000.
2. If unit sales prices are $28 and variable costs are $18 per unit, how many units would have to be sold to break-even if fixed costs equal $20,000?
36,000.
200,000.
56,000.
2,000
3. If the unit sales price is $48 and variable costs are $45, how many units have to be sold to earn a profit of $3,600 if fixed costs equal $36,000?
37,200.
12,000.
13,200.
1,200.
Step by Step Solution
3.31 Rating (154 Votes )
There are 3 Steps involved in it
Step: 1
1 ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Contemporary Marketing
Authors: Louis E Boone, David L Kurtz
14th Edition
032458203X, 978-0324582031
Students also viewed these Accounting questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App