The Break-Even Volume for a Product Is 10,000 Units,the Fixed

question 60

Multiple Choice

The break-even volume for a product is 10,000 units,the fixed cost is $10,000,and variable cost is $1 per unit.What is the required selling price per unit?

• A)$2.00
• B)$1.50
• C)$1.00
• D)$.50

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Definitions:

Locus of Control

A psychological concept referring to the extent to which individuals believe they have power over events in their lives.

Value Orientations

The general principles or ideals that guide an individual's or a society's behavior and beliefs.

Industry

Pertains to the economic activity concerned with the processing of raw materials and manufacture of goods in factories, as well as the sector of the economy characterized by such activities.

Emotional Intelligence

The capability to recognize, understand, manage, and reason with emotions in oneself and others, crucial for effective interpersonal relations.