Sanderson Sells a Single Product for $50 That Has a Variable

question 57

Multiple Choice

Sanderson sells a single product for $50 that has a variable cost of $30.Fixed costs amount to $5 per unit when anticipated sales targets are met.If the company sells one unit in excess of its break-even volume,profit will be:

• A)$15.
• B)$20.
• C)$50.
• D)an amount that cannot be derived based on the information presenteD.
• E)an amount other than those in choices "A," "B," and "C",but one that can be derived based on the information presented.

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Definitions:

Minor Aspect

A less significant or minor detail or element of a larger issue or subject.

Anticipatory Breach

Occurs when one party to a contract indicates they will not fulfill their contractual obligations before the due time.

Legal Position

The stance or argument taken by a party in a legal proceeding that is grounded on laws, regulations, or legal principles.

Anticipatory Breach

A situation in contract law where one party shows intent not to fulfill their contractual obligations before the due performance.