Loretta & Niece's Fixed Costs Are $425,000, Including $25,000 of Depreciation

question 31

Multiple Choice

Loretta & Niece's fixed costs are $425,000, including $25,000 of depreciation expense. The price of each unit sold is $120, and the variable cost per unit is $60. How many units must the firm sell to reach the cash break-even point?

• A)Less than 7,333 units
• B)7,333 units
• C)More than 7,333 units
• D)Not enough information has been provided to determine the cash break-even point.

Demonstrate knowledge of how to delegate tasks and set boundaries to maximize time management.

Understand the benefits of breaking projects into smaller tasks for improved manageability.

Recognize different types of thinking and their impact on time management.

Apply strategies for overcoming procrastination for better academic and professional performance.

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Definitions:

Discipline

A method of teaching or training, especially to improve behavior, that often includes setting rules and consequences.

Guidance

Advice or information aimed at resolving a problem or reaching a decision.

Consequences Approach

A method or strategy that emphasizes the outcomes or results of actions, particularly in educational or behavioral contexts.

Cultures

The shared values, norms, beliefs, languages, and practices of particular groups of people that shape their worldview and ways of living.