Given the Following Data,what Is the BEP-In Dollars? Selling Price

question 94

Multiple Choice

Given the following data,what is the BEP-in dollars? Selling price = $2.00
Variable cost = $1.00
Fixed cost = $150,000

• A)$300,000
• B)$400,000
• C)$100,000
• D)$200,000
• E)$50,000

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Definitions:

Restrict

To limit or control the size, amount, or range of something through regulations or conditions.

Recognizance

An obligation in which a party acknowledges in court that he or she will perform some specified act and/or pay a price on failure to do so.

Formal Contract

A legally binding agreement that requires a specific form, such as being in writing, to be valid.

Bond

A fixed income investment in which an investor loans money to an entity that borrows the funds for a defined period.