Assignment Gradebook ORION Downloadable eTextbook dy Practice mithUK / e Sol n A

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Assignment Gradebook ORION Downloadable eTextbook dy Practice mithUK / e Sol n Assignment m/homework-help CALCILATOR FILL SCREEN PRINTER VI ESIONBACK Multiple Choice Question 115 Cunningham, Inc. sells MP3 players for $60 each. Variable costs are $40 per unit, and fixed costs total $120000. What sales wn preparing a are needed by Cunningham to break even? O $360000. O $480000. O $160000. O s300000. Bookmark ep solution of 2 A a flexible budg which the compa hits helps an easy Question Attempts: 0 of 1 used SAVE FOR LAIER SUBMIT ANSWER

Explanation / Answer

Contribution margin=Sales-Variable expenses

=(60-40)=$20

Hence breakeven=Fixed cost/Contribution margin

=(120,000/20)=6000 units

=(6000*60)=$360,000

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