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Mazoon Company's variable costs are 75% of the selling price and its fixed costs are $80,000. To realize profits of $20,000 from sales of 60,000

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Mazoon Company's variable costs are 75% of the selling price and its fixed costs are $80,000. To realize profits of $20,000 from sales of 60,000 units, using the CVP equation, what would be the selling price per unit? a. None of the given answers b. $1.77 c. $5.33 O d. $1.66 O e. $6.67 Which of the following statements related to CVP chart is not true? a. None of the given answers. b. To calculate the total fixed cost from a graph is by multiplying a level of volume by the variable cost per unit found out earlier and subtracting that from the total cost for that level of volume. c. The intercept between the total cost line on a graph and the y-axis determines variable cost. Od. To determine the variable cost per unit from a graph, the change in cost is divided by the change in units Oe. The high-low method is a way to estimate the cost behavior by graphically connecting the two cost amounts identified with the highest and lowest volume levels. Of. The slope of the total cost line determines the variable cost per unit

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