[The Following Information Applies to the Questions Displayed Below

question 73

Multiple Choice

[The following information applies to the questions displayed below.]
Sultan Company produces a single product.The selling price is $50 per unit,and variable costs amount to $20 per unit.Sultan's fixed costs per month total $80,000.
-What is the monthly sales volume in dollars necessary to break-even? (Round the answer to the nearest dollar. )

• A)$320,000
• B)$106,667
• C)$200,000
• D)$133,333

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Definitions:

Health Care Demanded

Health care demanded is the quantity of health care services individuals are willing and able to consume at various prices, often influenced by factors like income, price of services, and individual health status.

Medicaid

A public health insurance program in the United States for individuals and families with low income and limited resources.

Low-Income People

Individuals or families who earn income significantly below the median levels for their geographical area, often leading to financial hardships.

Dependent Children

Minors who rely on adults, usually their parents or guardians, for financial support and care.