A Company's Product Sells for $240 Per Unit

question 97

Multiple Choice

A company's product sells for $240 per unit. Variable cost is $210 per unit. Fixed costs run at $141,000 per month. How many dollars of sale revenue are required to break even?

• A) $1,290,000
• B) $1,128,000
• C) $956,000
• D) $1,050,000

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Definitions:

Procedural Memories

Memories of how to perform tasks or actions, such as riding a bike or swimming, that are usually recalled without conscious effort.

Implicit Memories

Memories that are formed and used unconsciously and can affect thoughts and behaviors without an individual's awareness.

Well-Learned Skills

Abilities or tasks that have been practiced to the extent that they can be performed with ease, often automatically.

Implicit Memory

A type of memory in which previous experiences aid the performance of a task without conscious awareness of these previous experiences.