Question: If unit sales prices are $ 4 0 and variable costs are $ 3 2 per unit, how many units would have to be sold

If unit sales prices are $40 and variable costs are $32 per unit, how many units would have to be sold to break-even if fixed costs equal $26,000?
Multiple Choice
3,250
6,500
9,750
3,050

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

if unit sales prices are 28 a d variable costs are 18 per unit, how many units would have to be sold to break even if fixed costs equal 20000

Q:

1. A company uses the weighted average method for inventory costing. During a period, a production department had 20,000 units in beginning goods in process inventory which were 40% complete; the...

Q:

Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are: M N O Unit sales price $ 9 $ 5 $ 7 Unit variable costs 4 3 4 Total fixed costs are...

Q:

1. A company uses the weighted average method for inventory costing. During a period, a production department had 20,000 units in beginning goods in process inventory which were 40% complete; the...

Q:

Question 3 A. The following summary of information extracted from Mendoza Limited, are for a typical month: Total Sales revenue: $102,000 Total Variable costs: $40,000 Fixed costs per month: $54,560...

Q:

Question 3 A. The following summary of information extracted from Mendoza Limited, are for a typical month: Total Sales revenue: $102,000 Total Variable costs: $40.000 Fixed costs per month: $54,680...

Q:

and sales volume of 15,000 units. $3,150,000 PHOENIX COMPANY Fixed Budget Report For Year Ended December 31, 2019 Sales Cost of goods sold Direct materials Direct labor Machinery repairs (variable...

Q:

Question 3 A. The following summary of information extracted from Mendoza Limited, are for a typical month: Total Sales revenue: $102,000 Total Variable costs: $40,000 Fixed costs per month: $54,560...

Q:

High Tech Manufacturing manufactures 256GB SD cards (memory cards for mobile phones, digital cameras, and other devices). Price and cost data for a relevant range extending to 200,000 units per month...

Q:

Patriot Co. manufactures and sells three products: red, white, and blue. Their unit sales prices are red, $20; white, $35; and blue, $65. The per unit variable costs to manufacture and sell these...

Q:

Determine ZT and I for the circuit in Fig. 9.72. 462 6 2 120/10 V

Q:

Compare and contrast P-waves and S-waves. (4 marks)

Q:

Dog Corporation was incorporated on January 1 , 2 0 0 0 . On September 2 1 , 2 0 1 9 , they made an S election. The corporation retains an E&P balance from its C corporation days. During the current...

Q:

Pharoah Company reported the following amounts for 2022: Raw materials purchased $95,200 Beginning raw materials inventory 5,824 Ending raw materials inventory 5,040 Beginning finished goods...