Accents Associates sells only one product, with a current selling price of $190 per unit....

50.1K

Verified Solution

Question

Accounting

image
Accents Associates sells only one product, with a current selling price of $190 per unit. Variable costs are 30% of this selling price, and fixed costs are $21,000 per month. Management has decided to reduce the selling price to $185 per unit in an effort to increase sales. Assume that the cost of the product and fixed operating expenses are not changed by this reduction in selling-price. At the current selling price of $190 per unit, the dollar volume of sales per month necessary for Accents to break-even is: Multiple Choice $30,000 $100.000 Some other amount. $21000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students