If the Selling Price Per Unit Is $42,the Unit Contribution

question 147

Multiple Choice

If the selling price per unit is $42,the unit contribution margin is $15,and total fixed expenses are $570,000,what will the breakeven sales in units be?

• A)38,000
• B)8,550,000
• C)21,111
• D)13,571

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Definitions:

Sample Mean

The average of all the data points in a sample, which can be used to estimate the population mean.

Multiple Regression

An approach in statistics using several predictor variables to project the outcome of a response variable.

Null Hypothesis

A statement in statistical hypothesis testing representing the assumption of no effect or no difference, serving as the default or baseline against which alternatives are tested.

Independent Variables

Variables in an experiment or model that are controlled or changed to test their effects on dependent variables.