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kitten64
Dec 19, 2007, 01:01 PM
If a firm has a break-even point of 20,000 units and the contribution margin on the firm's single product is $3.00 per unit and fixed costs are $60,000, what will the firm's net income be at sales of 30,000 units?

kitten64
Dec 19, 2007, 01:05 PM
When actual sales are greater than forecasted sales
a) inventory will decline
b) production schedules might have to be revised upward
c)accounts receivable will rise
d) all of the above