Question
1) If an average marginal cost is 14, an average selling price is 33 and fixed costs amounted to 76,000. What is Break-even point output?
1) If an average marginal cost is £14, an average selling price is £33 and fixed costs amounted to £76,000. What is Break-even point output? Please Show the calculation! |
a.4,250 |
b.4,000 |
c.5,429 |
d.2,303 |
2) Which of the below is NOT a working capital items? |
Debtors |
Creditors |
Loan |
Inventories |
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The detailed answer for the above question is provided below Answer 1 The breakeven point output is the output level at which total revenue equals tot...Get Instant Access to Expert-Tailored Solutions
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
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