Company XY Z produces and sells wireless earphones. The selling price per unit is $5 and the total f costs are $20,000. Assuming a variable cost ratio of 40%, what is the breakeven point in ($) value? figures to the nearest number) O a. None of the given answers: O b. 66,667 О с. 33,333 O d. 40,000 О е. 50,000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Company XYZ produces and sells wireless earphones. The selling price per unit is $5 and the total fixed
costs are $20,000. Assuming a variable cost ratio of 40%, what is the breakeven point in ($) value? (round
figures to the nearest number)
O a.
None of the given answers:
O b. 66,667
O c. 33,333
O d. 40,000
O e. 50,00O
Transcribed Image Text:Company XYZ produces and sells wireless earphones. The selling price per unit is $5 and the total fixed costs are $20,000. Assuming a variable cost ratio of 40%, what is the breakeven point in ($) value? (round figures to the nearest number) O a. None of the given answers: O b. 66,667 O c. 33,333 O d. 40,000 O e. 50,00O
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