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 $85

The selling price of a particular product is $85

Accounting

The selling price of a particular product is $85.00 per unit, the variable expense is $49.00 per unit, and the breakeven sales in dollars is $340,000, what are total fixed expenses?

A) $111

B) $144,000

C) $4,000

D) $249,796

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Answer:  B

Explanation:  B)

Sales                                              $85.00

Less Variable expenses              49.00

Contribution Margin               $36.00

Breakeven Sales 340,000 divided by Selling Price 85 × Contribution Margin 36 = $144,000

Sitejabber (5.0)

BBC (5.0)

Trustpilot (4.9)

Google (5.0)

Related Questions