Assume a Sales Price Per Unit of $20, Variable Cost

question 131

Multiple Choice

Assume a sales price per unit of $20, variable cost per unit $16, and total fixed costs of $168,000. What is the breakeven point?

• A)42,000
• B)10,500
• C)$42,000
• D)$10,500

Recognize the establishment and significance of the first permanent Spanish colony in what is now the United States.

Understand the life and society in New France and the Spanish colonies.

Recognize the significance of the Pueblo Revolt and its impact on Spanish-colonial relations.

Discern the differing relations between European settlers (French, Dutch, English) and Native Americans.

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Definitions:

Receivables

Money owed to a company by its customers or other parties, typically from sales of goods or services on credit.

Maturity Value

The amount payable to an investor at the end of a debt instrument's holding period, including principal and interest.

Note Receivable

A written promise to pay a specified amount of money, usually with interest, at a future date; it is recorded as an asset on the balance sheet.

Due Date

The specific date by which a payment must be made or a task must be completed.