A Company Has Monthly Fixed Costs of $112,500

question 22

Multiple Choice

A company has monthly fixed costs of $112,500.The variable costs are $6.00 per unit.If the sales price of a unit is $19.00 and we sell 7,500 units,the total sales revenue will be

• A)$97,500.
• B)$112,500.
• C)$142,500.
• D)$(15,000).

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Definitions:

Identify Line

The process of determining the equation or properties of a line from a graph, two points, or an equation.

Rises

Refers to an increase or upward movement in metrics or graphs.

Falls

In physics, refers to the motion of an object under the influence of gravitational acceleration towards the Earth, without considerations for air resistance.

Horizontal

Referring to a direction or plane parallel to the ground or base line, at a right angle to the vertical.