Question
April Industries sells a product with a contribution margin of $30 per unit, fixed costs of $300,000, and sales for the current year of $300,000.
April Industries sells a product with a contribution margin of $30 per unit, fixed costs of $300,000, and sales for the current year of $300,000. How much is Aprils break-even point?
a.
18,600 units
b.
10,000 units
c.
$76,800
d.
20,000 units
Step by Step Solution
There are 3 Steps involved in it
Step: 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 Started
Survey of Accounting
Authors: Carl S Warren
6th edition
978-113318912, 1133189121, 978-1133189121
