A Company Has Monthly Fixed Costs of $115,500

question 287

Multiple Choice

A company has monthly fixed costs of $115,500. The variable costs are $5.00 per unit. If the sales price of a unit is $15.00 and we sell 7700 units, the company's average fixed costs per unit will be

• A)$10.00 per unit.
• B)$5.00 per unit.
• C)$20.00 per unit.
• D)$15.00 per unit.

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Levellers

A political movement during the English Civil War advocating for popular sovereignty, extended suffrage, equality before the law, and religious tolerance.

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Refers to the United States in the late 20th and early 21st centuries, characterized by significant technological, cultural, and social changes.