The Price Per Unit Is $1

question 108

Multiple Choice

The price per unit is $1.00. The average variable cost per unit is 60 cents. The total fixed cost is $20,000. Compute the break-even point.

• A) 75,000 units
• B) 50,000 units
• C) 20,000 units
• D) 33,334 units
• E) 40,000 units

---

Definitions:

Commander-In-Chief

The supreme leader of the armed forces within a country, often held by the president or monarch, responsible for military decision making.

Continental Army

The army raised by the Second Continental Congress in 1775, under the command of General George Washington, to fight the British in the American Revolutionary War.

George Washington

The first President of the United States, serving from 1789 to 1797, and a key figure in the nation's founding and the Revolutionary War.