A highly automated plant would generally have:
A. more variable than fixed costs.
B. more fixed than variable costs.
C. all fixed costs.
D. all variable costs.
If a firm has fixed costs of $30,000, a price of $4, and a breakeven point of 15,000 units, the variable cost per unit is:
C. 50 cents.
If a firm has fixed costs of $20,000, variable cost per unit of 50 cents, and a breakeven point of 5,000 units, the price is:
If a firm has a price of $4, variable cost per unit of $2.50, and a breakeven point
,000 units, fixed costs are equal to:
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