A Company Has Fixed Costs of $35,000 and Has Average

question 155

Multiple Choice

A company has fixed costs of $35,000 and has average variable costs of $7 per item. This company sells 10,000 units and just breaks even. What is the unit selling price for the product?

• A) $7.35
• B) $10.00
• C) $10.50
• D) $16.00