Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Company XYZ has total fixed costs of $8,000. Assume a selling price per unit of $32 and total variable cost per unit of $16,
Company XYZ has total fixed costs of $8,000. Assume a selling price per unit of $32 and total variable cost per unit of $16, what is the breakeven point in ($) value? Select one: O a. 500 b. None of the given answers c. 256,000 d. 128,000 e. 16,000 Company XYZ produced and sold $1,000 units. The total direct materials cost was $1,000, the direct labor cost was $24,000, the manufacturing overhead cost was $5,000. The variable selling and administrative cost was $14,000 while the fixed selling and administrative expenses was $3,000. How much is the unit product cost in ($)? Select one: a. 44 b. 47 c. 30 d. 25 e. None of the given answers
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