Given the Following Data,what Is the Break-Even Point in Units

question 177

Multiple Choice

Given the following data,what is the break-even point in units? Total fixed cost = $120,000
Variable cost per unit = $0.60
Selling price per unit = $1.10

• A)100,000
• B)240,000
• C)200,000
• D)218,182
• E)50,000

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Definitions:

Unbiased Condensation

A process of summarizing information in a way that is fair and impartial, without showing preference for one side or another.

Statistical Information

Refers to data that has been collected, analyzed, and presented in a numerical format, often used to support research or decision-making processes.

Mean

Value equal to the sum of all the items in the group divided by the number of items in that group; what people refer to when they use the term average.

Median

A statistical measure representing the middle value in a data set, where half the numbers are above and half are below.