Profit at any level of sales in units is measured asa. Sales (units) * Cost per unit + Fixed costb. Sales (units) * Cost per unitO c. Sales (units) * Cost per unit - Fixed costd. None of the above

Profit means the amount that is earned from sale of units. For calculating profits ,we need to…

Profit at any level of sales in units is measured as a. Sales (units) * Cost per unit + Fixed cost O b. Sales (units) * Cost per unit c. Sales (units) * Cost per unit - Fixed cost d. None of the above

Profit at any level of sales in units is measured as a. Sales (units) * Cost per unit + Fixed cost O b. Sales (units) * Cost per unit c. Sales (units) * Cost per unit - Fixed cost d. None of the above

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

Profit at any level of sales in units is measured as
a. Sales (units) * Cost per unit + Fixed cost
b. Sales (units) * Cost per unit
O c. Sales (units) * Cost per unit - Fixed cost
d. None of the above

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