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Calculate the monthly break-even point in units

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Reference no: EM133043885

Questions -

Q1. Performing services for a customer on account would result in:

a. An increase in Cash and a decrease in Accounts Receivable

b. An increase in Accounts Receivable and an increase in Unearned Revenue

c. An increase in Accounts Receivable and an increase in Service Revenue

d. A decrease in Accounts Payable and a decrease in Service Revenue

Q2. Stylish Clothiers buys shirts for $25 and sells them for $40.

The company has fixed costs of $12,000 per month.

Calculate the monthly break-even point in units.

a. 300

b. 480

c. 250

d. 800

Reference no: EM133043885

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