Mia Enterprises Sells a Product for $90 Per Unit

question 193

Essay

Mia Enterprises sells a product for $90 per unit. The variable cost is $40 per unit, while fixed costs are $75,000. Determine the (a) break-even point in sales units, and (b) break-even point in sales units if the selling price increased to $100 per unit.

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Definitions:

Explicit Memories

Memories that can be consciously recalled, such as facts and events, and are part of the declarative memory system.

Long-Term Memory (LTM)

In the three-box model of memory, the memory system involved in the long-term storage of information.

Short-Term Memory (STM)

In the three-box model of memory, a limited-capacity memory system involved in the retention of information for brief periods; it is also used to hold information retrieved from long-term memory for temporary use.

Short-Term Memory

The capacity for holding a small amount of information in mind in an active, readily available state for a short period of time.