If the Sale Price Per Unit Is $95, Total Fixed

question 69

Multiple Choice

If the sale price per unit is $95, total fixed expenses are $480,000, and the break-even sales in dollars is $800,000, what is the variable expense per unit?

• A) $63.33
• B) $152.00
• C) $38.00
• D) $57.00

Grasp the concepts related to dividends, corporate profits, and tax statuses of corporations.

Understand the process and requirements for corporate incorporation and the implications of state incorporation statutes.

Comprehend the management structure of corporations and the role of shareholders, directors, and officers.

Identify the legal documents necessary for corporate formation and operation.

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Definitions:

Financing

The act of providing funds for business activities, making purchases, or investing, either through debt, equity, or other financial instruments.

Dual Effects Concept

The principle that every transaction has at least two effects on the financial statements - one that increases a category and another that decreases another category, maintaining the balance.

Transaction

An event or activity that impacts the financial position of a company, typically involving the exchange of goods, services, or money.