If breakeven point is 1,000 units,each unit sells for $30,and fixed costs are $10,000,then on a graph the ________.
A) total revenue line and the total cost line will intersect at $30,000 of revenue
B) total cost line will be zero at zero units sold
C) revenue line will start at $10,000
D) total revenue line and the total cost line will intersect at $40,000 of revenue

Question

Quizplus · Accepted Answer

At the breakeven point of 1,000 units, the total revenue is 1,000 units * $30/unit = $30,000. At this point, total revenue equals total costs, so the lines intersect at $30,000 of revenue.

If Breakeven Point Is 1,000 Units,each Unit Sells for $30,and