In Order to Compute the Breakeven Point, a Manager Needs

question 33

Multiple Choice

In order to compute the breakeven point, a manager needs to know the unit price of the product being sold, the variable cost per unit, and __________.

• A) total number of units sold
• B) manufacturing costs per unit
• C) total fixed costs
• D) total variable costs
• E) total manufacturing costs

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Definitions:

Business Norms

Accepted practices, behaviors, and standards within the business community, often varying by industry or region.

Technological Environment

The aspect of the external business environment that relates to the development, availability, and application of technology affecting businesses.

Extensive Customization

Extensive customization refers to the process of tailoring products, services, or experiences to meet the specific needs or preferences of individual customers, often involving significant modifications.

Global Trade

Refers to the exchange of goods, services, and capital across international borders, driven by the aim of accessing new markets and leveraging global efficiencies.