Longstreet Inc

question 38

Multiple Choice

Longstreet Inc.has fixed operating costs of $470,000,variable costs of $2.80 per unit produced,and its product sells for $4.00 per unit.What is the company's break-even 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:

Thrill Seeking

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Intrinsic Motivation

An internal drive to perform an activity for its own sake and for the personal rewards it brings.

Problem-solver

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Cartridge Refill

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