A new product will sell in the market for $12.It costs $7 (unit variable cost)to manufacture on a new lathe machine.If the break-even quantity is 10,000 units,what is the annual fixed cost involved in acquiring the machine and in paying other fixed costs?
A) Less than $40,000
B) Greater than $40,000 but less than or equal to $55,000
C) Greater than $55,000 but less than or equal to $70,000
D) Greater than $70,000

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The Answer of A new product will sell in the market for $12.It costs $7 (unit variable cost)to manufacture on a new lathe machine.If the break-even quantity is 10,000 units,what is the annual fixed cost involved in acquiring the machine and in paying other fixed costs?
A) Less than $40,000
B) Greater than $40,000 but less than or equal to $55,000
C) Greater than $55,000 but less than or equal to $70,000
D) Greater than $70,000

A New Product Will Sell in the Market for $12