September 2023 Question 1 A highly automated plant would generally have A more variable than fixed

2024 Multiple Questions Answers Assignment Help

Question 1 A highly automated plant would generally have A more variable than fixed 2023

Question 1 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. Question 2 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: A. $5. B. $2. C. 50 cents. D. $4. Question 3 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: A. $2.50. B. $5. C. $4. D. $4.50. Question 4 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: A. $13,333. B. $10,000. C. $30,000. D. $50,000.

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