Street Company's Fixed Costs Total $150,000,its Variable Cost Ratio Is

question 27

Multiple Choice

Street Company's fixed costs total $150,000,its variable cost ratio is 60% and its variable costs are $4.50 per unit.Based on this information,the break-even point in units is:

• A)50,000.
• B)37,500.
• C)33,333.
• D)100,000.

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Definitions:

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Linear Optimization Models

Mathematical techniques used to achieve the best outcome, such as maximum profit or minimum cost, within a given set of linear constraints.

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Basic Steps typically refer to the foundational or initial procedures in a process or methodology, outlining the essential phases needed to achieve a particular goal or complete a project.

Linear Optimization Model

A mathematical technique used to find the best outcome, such as maximum profit or lowest cost, in a model whose requirements are represented by linear relationships.