Question: A company sells its product for $12 per unit. Variable costs per unit are $5. The company's total fixed costs are $98,000. The break even
A company sells its product for $12 per unit. Variable costs per unit are $5. The company's total fixed costs are $98,000. The break even point in units is:
A.19,000
- B.14,000
- C.8,167
- D.7,000
Which cost is most likely to be considered a fixed cost?
A.Sales commissions
- B.Property taxes
- C.Direct material
- D.Direct labor
Classification for production costs are:
A.Taxes, Selling and Administration costs
- B.Direct materials, Direct Labor, and Selling & Administration costs
- C.Direct Labor, Overhead and Conversion costs
- D.Direct Materials, Direct Labor and Overhead costs
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