help in homework

New User?

Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive /  The selling price of a particular product is $5

 The selling price of a particular product is $5

Accounting

 The selling price of a particular product is $5.00 per unit, the variable expense is $3.00 per unit, and the breakeven sales in dollars is $18,660, what are total fixed expenses?

A) $12,440

B) $1,866

C) $3,732

D) $7,464

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Answer:  D

Explanation:  D)

Sales                                              $5.00

Var. Exp                                       (3.00)

Contribution Margin                2.00

 

Breakeven Sales                         $18660

Divide: Sales Price                    / 5.00

Breakeven Sales Units             3,732

× Contribution Margin            2.00

Fixed Expense                            7,464

Sitejabber (5.0)

BBC (5.0)

Trustpilot (4.9)

Google (5.0)