At Flint Company's Break-Even Point of 9,000 Units, Fixed Costs

question 3

Multiple Choice

At Flint Company's break-even point of 9,000 units, fixed costs are $180,000 and variable costs are $540,000 in total. The unit sales price is:

• A) $20.
• B) $40.
• C) $60.
• D) $80.
• E) $100.

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Definitions:

Bond Funds

Investment funds that pool money from various investors to purchase a diversified portfolio of bonds, providing income and diversification.

Net Asset Value

The total value of a fund's assets minus its liabilities, often used to determine the value of shares in a mutual fund or ETF.

Year-End Assets

The total value of all assets that a company or individual owns at the end of a fiscal year.

Liabilities

Financial obligations or debts owed by a person or business to others, required to be repaid over time.