Company XYZ produces and sells 4,000 units.at this level, the company is making a profit of $20,000 Assuming total fixed expenses of $1,000 and variable expenses per unit of $0.75, how much was the selling price per unit? а. 3 b. 6 С. 8 e. 4. 1. d.

Company XYZ produces and sells 4,000 units.at this level, the company is making a profit of $20,000 Assuming total fixed expenses of $1,000 and variable expenses per unit of $0.75, how much was the selling price per unit? а. 3 b. 6 С. 8 e. 4. 1. d.

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

Q.20..

Company XYZ produces and sells 4,000 units.at this level, the company is making a profit of $20,000.
Assuming total fixed expenses of $1,000 and variable expenses per unit of $0.75, how much was the
selling price per unit?
O a.
3
O b. 6
C.
8.
d. 1
e.
4-

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