Christian Company's Sales Revenue for 20xx Was $144,000

question 78

Multiple Choice

Christian Company's sales revenue for 20xx was $144,000. Christian's product sells for $5.50 and has a 30 percent contribution margin. Christian has fixed costs of $33,000. What is Christian Company's breakeven point in units?

• A) 43,200 units
• B) 9,900 units
• C) 26,182 units
• D) 20,000 units

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Definitions:

U.S. Justice Department

The federal executive department responsible for the enforcement of the law and administration of justice in the United States.

Free Market

An economic system based on supply and demand with little or no government control, where the prices of goods and services are determined freely by the open market.

Reciprocity

A social norm of responding to a positive action with another positive action, fostering mutual benefit and exchanges in relationships or transactions.