When 85,000 Units Are Produced,the Fixed Cost Is $10 Per

question 19

True/False

When 85,000 units are produced,the fixed cost is $10 per unit.Assuming our company is within the relevant range and we produce 120,000 units,our fixed costs will not remain at $10 per unit.

---

Definitions:

Presumed

Accepted as true or existing based on probability or logical inference, often without direct evidence.

Sole Proprietors

A sole proprietorship is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity.

Limited Liability

The legal principle that limits each owner's financial loss to the amount of money that individual has invested in a company.

Partnership Name

The official legal name under which a partnership business operates and is recognized.