QUESTION 8 Total Per unit Sales revenue (30,000 units) $750,000 25 Variable costs 450,000 15 Contribution margin 300,000 Fixed costs 150,000 Operating income $150,000 At the breakeven point: O Sales are equal to total fixed costs. Contribution margin is equal to sales. O Contribution margin is equal to total fixed costs. Sales are equal to total variable costs.
QUESTION 8 Total Per unit Sales revenue (30,000 units) $750,000 25 Variable costs 450,000 15 Contribution margin 300,000 Fixed costs 150,000 Operating income $150,000 At the breakeven point: O Sales are equal to total fixed costs. Contribution margin is equal to sales. O Contribution margin is equal to total fixed costs. Sales are equal to total variable costs.
Financial & Managerial Accounting
13th Edition
ISBN:9781285866307
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter19: Cost Behavior And Cost-Volume-Profit Analysis
Section: Chapter Questions
Problem 19.17EX
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