Accounting MCQ
Accounting Chapter 5
Rider Company sells a single product. The product has a selling price of $40 per unit and variable expenses of $15 per unit. The company's fixed expenses total $30,000 per year. The company's breakeven point in terms of total dollar sales is:
Rider Company sells a single product. The product has a selling price of $40 per unit and variable expenses of $15 per unit. The company's fixed expenses total $30,000 per year. The company's breakeven point in terms of total dollar sales is:
Rider Company sells a single product. The product has a selling price of $40 per unit and variable expenses of $15 per unit. The company's fixed expenses total $30,000 per year. The company's breakeven point in terms of total dollar sales is:
A. $100,000
B. $80,000
C. $60,000
D. $48,000
Answer: D
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