If breakeven point is 1,000 units, each unit sells for $31, and fixed costs are $30,000, then on a graph the ________.
A) total revenue line and the total cost line will intersect at $31,000 of revenue
B) total cost line will be zero at zero units sold
C) revenue line will start at $30,000
D) total revenue line and the total cost line will intersect at $61,000 of revenue

Question

Quizplus · Accepted Answer

$(1,000 x 31) = $31,000

If Breakeven Point Is 1,000 Units, Each Unit Sells for $31