Answered: Assume a sales price per unit of $25,…

Assume a sales price per unit of $25, variable cost per unit $15, and total fixed costs of $14400. What is the breakeven point in dollars? $24000 $36000 $20160 $23040

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter16: Capital Structure Decisions

Section: Chapter Questions

Problem 1P

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Question

Assume a sales price per unit of $25, variable cost per unit $15, and total fixed costs of $14400. What is the breakeven point in dollars?

$24000

$36000

$20160

$23040

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