If Fixed Costs Are $500,000, the Unit Selling Price Is

question 176

Multiple Choice

If fixed costs are $500,000, the unit selling price is $55, and the unit variable costs are $30, the break-even sales (units) if fixed costs are increased by $80,000 is

• A)10,545 units
• B)19,333 units
• C)23,200 units
• D)25,000 units

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Definitions:

Dependent Variable

In an experiment or study, the variable being tested and measured, expected to change as a result of variations in the independent variable.

Direction

In the context of statistics, it refers to the nature of the relationship between variables, indicating whether it is positive or negative.

Correlations

Statistical measures that describe the extent to which two variables change together.