A Company's Product Sells for $240 Per Unit

question 27

Multiple Choice

A company's product sells for $240 per unit. Variable cost is $208 per unit. Fixed costs run at $150,400 per month. How many units need to be sold to break even?

• A) 4,700
• B) 4,250
• C) 3,800
• D) 4,900

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Definitions:

Corporate Strategy

The overarching plan and direction of a corporation that defines organizational objectives and the approaches to achieve them.

Resources

Assets, materials, or other valuables that are utilized to achieve goals or complete tasks.

Functional Strategy

A strategy that guides activities within one specific area of operations.

Customers

Individuals or organizations that purchase goods or services from a business.