Posts

Showing posts from November, 2013
Image
Calculate the breakeven price from the following information: quantity of services = 3,000 fixed costs = $45,000 average cost per unit = $150.00 required profit = $30,000 Select one: A. $175.00 B. $300.00 C. $135.00 D. $310.00 E. $160.00 Question 2 Not complete Marked out of 1.00 Flag question Question text When considering how changes in volume affect total fixed costs,it is important to consider: Select one: A. the relevant range B. the variable cost per unit C. price D. both A and B E. both B and C Question 3 Not complete Marked out of 1.00 Flag question Question text The breakeven point occurs where: Select one: A. total fixed costs and total revenue intersect B. total costs and total revenue intersect C. total profit margin and total costs intersect D. total variable costs and total revenue intersect E. total revenue outpaces total avoi