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A company has total fixed cost of $120,000. Its variable cost per unit is $2.00 and its price per unit is $3.50. The break-even point in units is:
Management Process
The series of actions and decisions that managers undertake to achieve organizational goals, including planning, organizing, leading, and controlling.
Controlling
In management, controlling refers to the process of monitoring performance, comparing it with goals, and taking corrective action as needed to ensure that objectives are achieved.
Pricing
The process of determining the value that will be charged for a product or service.
Primary Functions
The main or core activities that are essential for the operation of a business or organization.
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