Ribco Co Makes and Sells Only One Product

question 56

Multiple Choice

Ribco Co. makes and sells only one product. The unit contribution margin is $6 and the break-even point in unit sales is 24,000. The company's fixed costs are:

• A)$4,000.
• B)$14,400.
• C)$40,000.
• D)$144,000.
• E)$24,000.