Question
Apex Company's fixed costs equal $150,000, its variable cost ratio is 60%, and its variable costs are $4.50 per unit. Given this information, what is
Apex Company's fixed costs equal $150,000, its variable cost ratio is 60%, and its variable costs are $4.50 per unit. Given this information, what is the break-even point in units (rounded)?
a. $49,000 b. $50,000, c. $51,000, d. $52,000
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Financial Accounting For MBAs
Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally
4th Edition
9781934319345
