Author Question: You have been asked to calculate the breakeven point for the televisions that your company produces. ... (Read 54 times)

aabwk4 · **on:** Jul 14, 2018

You have been asked to calculate the breakeven point for the televisions that your company produces. You know that fixed costs are equal to 6000 and variable costs are 20. The televisions sell for 120. What is the breakeven point?
A) 70 units
B) 30 units
C) 50 units
D) 40 units
E) 60 units

Question 2

One distinction that defines a small business is that:
A) it must only operate in one location.
B) it is a nonprofit organization.
C) its revenue must be 1 million or less.
D) it has 100 employees or less.
E) it is not dominant in its field.