The profit relation for the following estimates at a quantity that is 20% above breakeven is: Fixed
Question:
The profit relation for the following estimates at a quantity that is 20% above breakeven is:
Fixed cost = $500,000 per year
Variable cost per unit = $200
Revenue per unit = $250
(a) Profit = 200(12,000) – 250(12,000) – 500,000
(b) Profit =250(12,000) – 500,000 – 200 (12,000)
(c) Profit =250(12,000) – 200(12,000) – 500,000
(d) Profit =250(10,000) – 200(10,000) – 500,000
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PROFIT TRTC where TRPQP is unit price and Q is quantity TCFCVC VCunit variable costvQFC is fixed ...View the full answer
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