1. When volume or level of production increases, fixed costs will: a. increase per...
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Accounting
1. When volume or level of production increases, fixed costs will:
a. increase per unit
b. increase in total
c. decrease in total
d. stay constant
2. Stewart Co. sells a single product. The product has a selling price of $50 per unit and variable expenses are 60% of sales. If the companys fixed expenses total $150,000 per year, then it will have a break-even point in dollars of:
a. $750,000
b. $187,500
c. $375,000
d. $3,750
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