FSOT: 500 Test Prep Study Questions

Category - Mathematics & Statistics

A business owner expects fixed costs of 12,000, a selling price of 200 per unit, and variable costs of 40 per unit produced. How many units will have to be sold in order for the owner to break even?
  1. 50
  2. 60
  3. 75
  4. 300
Explanation
Answer: C - 75
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