Summersville Production Company Had the Following Projected Information for the Current

question 34

Multiple Choice

Summersville Production Company had the following projected information for the current year: $$\begin{array} { l l r } \text { Selling price per unit } & \$ 150 \\\text { Variable cost per unit } & \$ 90 \\\text { Total fixed costs } & \$ 300,000\end{array}$$
What is the profit when one unit more than the break-even point is sold?

• A)$60
• B)$150
• C)$1,500,150
• D)$600,060

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Definitions:

Nutrition Facts

Information provided on food packaging that includes serving size, calories, and nutrient information to help consumers make informed choices.

Lanham Act

United States legislation that provides protection to trademarks and regulates unfair competition.

False Advertising

The act of misleading consumers through deceptive, incorrect, or misrepresented information in advertisements.

Installment Contract

Under the Uniform Commercial Code, a contract that requires or authorizes delivery in two or more separate lots to be accepted and paid for separately.