What Would Be the Breakeven Point in Dollars If Total

question 130

Multiple Choice

What would be the breakeven point in dollars if total fixed costs were $300, the average variable costs were $9, and the price per unit was $18?

• A) $16
• B) $33
• C) $400
• D) $600

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Definitions:

Conveyance

The act of transferring ownership of property from one party to another, often involving real estate.

Gift

A voluntary transfer of property for which the donor receives no consideration in return.

Title

The formal right of ownership of property, whether real or personal, tangible or intangible.

Bailment

The temporary placement of control over or possession of personal property by one person into the hands of another, under agreement.