Assume the following cost information for Standard Corporation: Selling price per unit Variable costs per unit $45.00 $25.00 $100,000.00 Total fixed costs If Standard's fixed costs increased by 10% and management wanted to maintain the original breakeven point, then the selling price per unit would have to be increased to: a. $49.50 O b. $47.00 O c. $65.00 O d. $48.50

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Assume the following cost information for Standard
Corporation:
Selling price per unit
Variable costs per unit
$45.00
$25.00
$100,000.00
Total fixed costs
If Standard's fixed costs increased by 10% and
management wanted to maintain the original
breakeven point, then the selling price per unit
would have to be increased to:
O a. $49.50
O b. $47.00
Ос.
O c. $65.00
O d. $48.50
Transcribed Image Text:Assume the following cost information for Standard Corporation: Selling price per unit Variable costs per unit $45.00 $25.00 $100,000.00 Total fixed costs If Standard's fixed costs increased by 10% and management wanted to maintain the original breakeven point, then the selling price per unit would have to be increased to: O a. $49.50 O b. $47.00 Ос. O c. $65.00 O d. $48.50
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