Jurassic Manufacturers produces flooring material. Fixed costs are $5,000 per month. Sales price for one unit of product is $50, and the variable cost per unit is $30. If Jurassic managers create a CVP graph from volume levels of zero to 400 units, where will the revenue and total cost lines intersect?
A) 250 units
B) 190 units
C) 240 units
D) 275 units
Correct Answer:
Verified
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