Fill This Form To Receive Instant Help
Homework answers / question archive / Elk Manufacturing has budgeted the following amounts for its next fiscal year: Total fixed expenses $425,000 Selling price per unit $80 Variable expenses per unit $20 To maintain the original breakeven sales in units if fixed expenses were to increase by 20%, the selling price per unit would have to be A) increased by 65
Elk Manufacturing has budgeted the following amounts for its next fiscal year:
Total fixed expenses |
$425,000 |
Selling price per unit |
$80 |
Variable expenses per unit |
$20 |
To maintain the original breakeven sales in units if fixed expenses were to increase by 20%, the selling price per unit would have to be
A) increased by 65.00%.
B) increased by 15.00%.
C) decreased by 15.00%.
D) decreased by 65.00%.