At the Break-Even Point of 2000 Units Variable Costs Are

question 113

Multiple Choice

At the break-even point of 2000 units variable costs are $165000 and fixed costs are $96000. How much is the selling price per unit?

• A) $130.50
• B) $34.50
• C) $48.00
• D) Not enough information

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Definitions:

Mean

The average of a set of numbers, calculated by dividing the sum of all values by the total number of values.

Standard Normal Curve

A type of normal distribution that has a mean of 0 and a standard deviation of 1, represented graphically as a bell-shaped curve.

Area

A measure of the extent of a surface or shape, expressed in square units.

Z-score

An indicator that shows the number of standard deviations a particular value is away from the average.