A company incurs fixed costs of $35,000 and average variable costs of $7 per item. This company sells 10,000 units and just breaks even. The unit selling price for the product is:
a. $10.00
b. $7.35
c. $17.00
d. $10.50
Answer: D
A company incurs fixed costs of $35,000 and average variable costs of $7 per item. This company sells 10,000 units and just breaks even. The unit selling price for the product is:
a. $10.00
b. $7.35
c. $17.00
d. $10.50
Answer: D