Question
Kitts Co. buys and sells a product that has a variable cost per unit of $23. Kitts fixed costs amount to $58,000. The product sells
Kitts Co. buys and sells a product that has a variable cost per unit of $23. Kitts fixed costs amount to $58,000. The product sells for $27 each. The Company is currently making and selling 21,000 units of product. If Kitts is able to increase sales by 4,500 units, the break-even point will
A. increase by $18,000
B.decrease by $18,000
C.not change
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Financial Accounting A Global Perspective
Authors: Robert Libby, Patricia Libby, Daniel G Short
5th Edition
0071107746, 978-0071107747
