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

---

Definitions:

Logistic Regression

A statistical method for analyzing datasets in which there are one or more independent variables that determine an outcome. The outcome is measured with a dichotomous variable (in which there are only two possible outcomes).

Dependent Variable

In statistical modeling, this is the variable whose variation is being studied to see if it can be predicted or explained by variation in other variables.

Denominator Degrees

This key term does not appear to be standard; however, it may refer to the denominator in statistical formulas where degrees of freedom are considered.

Estimated Form

In statistics, it refers to the version of an equation that estimates the parameters of a model based on sample data.