DeLong Inc

question 47

Multiple Choice

DeLong Inc. has fixed operating costs of $470,000, variable costs of
$2) 80 per unit produced, and its products sell for $4.00 per unit. What is the company's breakeven point, i.e., at what unit sales volume would income equal costs?

• A) 391,667
• B) 411,250
• C) 431,813
• D) 453,403
• E) 476,073

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Definitions:

Democratic Socialism

A political ideology advocating for democratic means to achieve and maintain a socialist economic system.

Government Intervention

Actions taken by a government to influence or directly participate in economic, social, or other sectors, with the aim of achieving specific outcomes or goals.

Economic System

An economic system is a structured and organized way a society decides to produce, distribute, and consume goods and services.

Paid Vacation Days

Refers to the number of days an employee is allowed to take off work with pay as part of their employment benefits.