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Assume the selling price per unit is $30, the contribution margin ratio is 40%, and thetotal fixed cost is $60,000. What is the break-even point in unit sales?a. 2,000b. 3,000c. 4,000d. 5,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Assume the selling price per unit is $30, the contribution margin ratio is 40%, and the
total fixed cost is $60,000. What is the break-even point in unit sales?
a. 2,000
b. 3,000
c. 4,000
d. 5,000

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