A Company Has Monthly Fixed Costs of $96,000

question 43

Multiple Choice

A company has monthly fixed costs of $96,000. The variable costs are $8.00 per unit. If the sales price of a unit is $14.00 and we sell $8000 units, the total sales revenue will be

• A)$48.
• B)$96,000.
• C)$112,000.
• D)$95,950.

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Definitions:

China

A country in East Asia, the world's most populous nation, with a long history, rich culture, and significant impact on the global economy and politics.

Tariff

A tax imposed on imported goods and services to increase their price and make domestic products more competitive.

U.S. Market

This term refers to the economic market in the United States encompassing the trading of goods, services, securities and commodities.