Find the Break Even Point Given the Following Information: Sale

question 2

Multiple Choice

Find the break even point given the following information: sale price per unit = $50,variable cost per unit = $35; fixed costs = $50,000.

• A) 2,298
• B) 3,000
• C) 3,333
• D) 4,000

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Definitions:

Borrowed

The state of having taken something on loan, often with the obligation to return it or repay an equivalent amount.

Annual Rate

The interest rate for a whole year, as opposed to just a monthly or daily rate.

Days

A unit of time equivalent to 24 hours, often used to measure durations or intervals.

Grow

To grow or expand in size, volume, or intensity as time progresses.