A Company Manufactures and Sells a Product for $120 Per

question 146

Multiple Choice

A company manufactures and sells a product for $120 per unit.The company's fixed costs are $68,760,and its variable costs are $90 per unit.The company's break-even point in dollars is:

• A) $91,680
• B) $68,760
• C) $2,2921
• D) $275,040
• E) $206,280

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Definitions:

Direct Deposit

An electronic process, preauthorized by a customer, that allows funds to be deposited directly into the customer’s bank account.

Multiple Forgeries

Acts of fraudulently making or altering multiple written documents or signatures to deceive others.

Negligence

A failure to act with the level of care that someone of ordinary prudence would have exercised under the same circumstances, resulting in harm or damage.

ATM Card

An ATM card is a plastic card issued by a bank or financial institution, enabling the cardholder to deposit, withdraw, or transfer funds through an Automated Teller Machine.