Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if a firm has fixed costs of $300,000, variable co

If a firm has fixed costs of $300,000, variable costs of $100 per unit, and...

90.2K

Verified Solution

Question

Accounting

image

If a firm has fixed costs of $300,000, variable costs of $100 per unit, and it hopes to sell 1000 units, what selling price must it charge in order to break even? Select one: a. $100 b. $200 c. $250 d. $400

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students