Answered: If the selling price per unit is $15,…

If the selling price per unit is $15, the unit contribution margin is $5, and total fixed expenses are $14,500, what are the breakeven sales in units? A. 966.6667 B. 2,900 C. 72,500 D. 217,500

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

If the selling price per unit is $15, the unit contribution margin is $5, and total fixed expenses are $14,500, what are the breakeven sales in units?
A. 966.6667
B. 2,900
C. 72,500
D. 217,500

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