Question

Calculate the break-even point in dollars if a business has total fixed costs of $875,000; the unit selling price is $1,200; and the variable cost per unit is $700

$1,500,000

$2,100,000

$1,200,000

$2,700,000

BP = FC / VCM
VCM = 1200-700
So isn't the answer $1750?

Answer 1

@ParthKohli @thomaster