Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

My variable costs are four dollars per unit my fixed costs are $10,000 what I make more money selling 11,000 units at six dollars each

My variable costs are four dollars per unit my fixed costs are $10,000 what I make more money selling 11,000 units at six dollars each or 10,000 units at seven dollars each? Find two correct answers
Both the same
10,000 at seven dollars increases your profit by $8000
$10,000 units at $7
11,000 units at six dollars each

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditors Guide To IT Auditing Software Demo

Authors: Richard E. Cascarino

2nd Edition

1118147618, 978-1118147610

More Books

Students also viewed these Accounting questions

Question

For the Anishinaabe of Canada, smallpox is an example of

Answered: 1 week ago

Question

4. Explain the strengths and weaknesses of each approach.

Answered: 1 week ago

Question

3. Identify the methods used within each of the three approaches.

Answered: 1 week ago