A Product Has $3 Variable Costs,$20 000 Fixed Costs and a Profit

question 29

Multiple Choice

A product has $3 variable costs,$20 000 fixed costs and a profit target of $20 000.If 10 000 units are to be sold,the price they should be sold for is:

• A)$4 per unit
• B)$6 per unit
• C)$8 per unit
• D)none of the options is correct

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Definitions:

Effective Network

A network characterized by efficient connections and relationships that facilitate the achievement of personal or professional goals.

Strategies

Plans of action designed to achieve long-term or overall aims and objectives.

Networking

Building and maintaining professional relationships to exchange information, advice, and support, often pivotal for career development and opportunities.

Mindset

The established set of attitudes or beliefs held by an individual or group that influences behavior and perceptions.