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

question 185

Multiple Choice

At the break-even point of 2000 units variable costs are $55000 and fixed costs are $35000. How much is the selling price per unit?

• A) $45.00
• B) $10.00
• C) $17.50
• D) $27.50

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Definitions:

Oxygen

Oxygen is a chemical element with symbol O, essential for cellular respiration in most living organisms and a key component of Earth's atmosphere.

Cyanobacteria

Photosynthetic microorganisms, also known as blue-green algae, that are important for oxygen production and are found in many aquatic environments.

Photosynthesis

The process by which green plants and some other organisms use sunlight to synthesize foods from carbon dioxide and water.

Algae

Algae is a broad and diverse group of photosynthetic, usually aquatic, organisms that range from single-celled forms to large seaweeds.