1) If an average marginal cost is £14, an average selling price is £33 and fixed costs amounted to £76,000. What is Break-even point output? Please Show the calculation! a.4,250 b.4,000 c.5,429 d.2,303

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
Problem 4MC
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QC 08.

1) If an average marginal cost is £14, an average selling price is £33 and fixed costs
amounted to £76,000. What is Break-even point output? Please Show the calculation!
a.4,250
b.4,000
c.5,429
d.2,303
2)Which of the below is NOT a working capital items?
Debtors
Creditors
Loan
Inventories
Transcribed Image Text:1) If an average marginal cost is £14, an average selling price is £33 and fixed costs amounted to £76,000. What is Break-even point output? Please Show the calculation! a.4,250 b.4,000 c.5,429 d.2,303 2)Which of the below is NOT a working capital items? Debtors Creditors Loan Inventories
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