Thank you for helping me out Chegg Tutor! Much appreciated! :)

QUESTION 15

1. Calculate the break-even point in dollars from the following information. Selling price per unit is $50, variable costs per unit are $30 and fixed costs for the year are $25 000

   	a.	$1 250
   	b.	Unable to be determined from the information given
   	c.	$83 333
   	d.	$62 500
   	e.	$41 667

1 points

QUESTION 16

1. Currumbin Ltd sells a product for which they have a target profit of $30000. This product has variable costs of $4 per unit and total fixed costs of $45000.

   If 15000 units are to be sold, what should be the selling price?

   	a.	$2
   	b.	$9
   	c.	$5
   	d.	$3