Assume a Sales Price Per Unit of $20, Variable Cost

question 4

Multiple Choice

Assume a sales price per unit of $20, variable cost per unit $16, and total fixed costs of $168,000.What is the breakeven point in units?

• A)42,000 units
• B)10,500 units
• C)8,400 units
• D)4,666 units

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Definitions:

Conversion

The unauthorized act of taking or using someone else's property and treating it as one's own, depriving the rightful owner of it.

Personal Property

Items that are movable and not fixed to one location, including tangible goods like furniture, vehicles, and intangible rights.

Trade Secrets

Trade secrets consist of practices, designs, formulas, processes, or information that are not generally known and that provide a business with an economic advantage over competitors.

Trespass

an unlawful act of entering someone's property without permission or exceeding the scope of permission granted.