A store owner sells a permanent marker of at P30. If the fixed cost is P500 and variable cost is P10. 13. At what level of production will the business owner have a profit of P2000? A. 125 В. 100 C. 75 D. 50 14. At what level of production will the business owner have a loss of P300? А. 10 В. 20 С. 30 D. 40 15. What is the break-even point? А. 25 В. 30 С. 35 D. 40

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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For items 13-15, refer to the problem below.
A store owner sells a permanent marker of at P30. If the fixed cost is P500 and variable
cost is P10.
13. At what level of production will the business owner have a profit of P2000?
А. 125
В. 100
С. 75
D. 50
14. At what level of production will the business owner have a loss of P300?
А. 10 В. 20 С. 30
D. 40
15. What is the break-even point?
А. 25 В. 30
C. 35
D. 40
Transcribed Image Text:For items 13-15, refer to the problem below. A store owner sells a permanent marker of at P30. If the fixed cost is P500 and variable cost is P10. 13. At what level of production will the business owner have a profit of P2000? А. 125 В. 100 С. 75 D. 50 14. At what level of production will the business owner have a loss of P300? А. 10 В. 20 С. 30 D. 40 15. What is the break-even point? А. 25 В. 30 C. 35 D. 40
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